$770,000
$775,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 11/17/2021
Key Details
Sold Price $770,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Whitneys Sub Etc
MLS Listing ID 6111114
Sold Date 11/17/21
Year Built 1965
Annual Tax Amount $9,853
Tax Year 2021
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Mixed Use
Property Description
Pride in ownership is showcased with this Capitol hill 6-unit apartment building. Upgrades are numerous
and include a brand new roof and soffit, exterior paint, full-renovations in all of the units and new kitchens. Stucco and brick exterior is flawless. Off-Street parking features entry/exit on both Park and
Winter Streets. 1 main boiler with baseboard heat. Each unit has in-wall air conditioning. Units feature
a large living room and eat-in kitchen. Bathrooms have been upgraded with new tile, vanity, and stone countertops. This sale's cap rate at current rents is supported. Several long-term renters (20+ years). Increasing rents to market-rate will add to the buyer's bottom-line. Do Not Miss This Opportunity!
Location
State MN
County Ramsey
Zoning Other
Interior
Heating Baseboard, Boiler
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Paved
Utilities Available Heating Common
Roof Type Asphalt
Present Use Residential
Building
Story Three Or More
Foundation 1840
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone,Stucco
Schools
School District St. Paul
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