Cash-flowing investment opportunity! This 7-units, fully rented property, Brand new roofing just changed and some update on sidings. On a corner lot is a solid performer. Coin-operate laundry is the lower level, shared storage lockers, and a spacious backyard add extra value for tenants. Plus, a bank of garages provides additional income potential. This well-maintained building is a great opportunity for investors seeking long-term profitability. Buyers and Buyers agent to verify the measurements. Schedule your showing today. At least two units will be available for viewing within 24-hours notice. Gross Monthly Rent $6,985!!!
THE RED MILL APARTMENTS LOCATED IN THE HEART OF SAINT PAUL IS CLOSE TO DOWNTOWN AND THE SUBURBS OF OAKDALE, WOODBURY & MAPLEWOOD. EASY ACCESS TO HIGHWAYS 94 & 494. ORIGINALLY BUILT IN 1889 AND NEWLY RENOVATED AND EXPANDED IN 2022, THIS MULTI-FAMILY ASSET OFFERS RESIDENTS LARGE 1-BD, 2-BD, 3-BD, & 4-BEDROOM UNITS DESIGNED FOR MODERN LIVING! NEWER WINDOWS, TALL CEILINGS, AND IN-UNIT WASHER AND DRYERS. EACH APARTMENT FEATURES STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, AMPLE CLOSET SPACE, IN-UNIT LAUNDRY, AND SELF-CONTROLLED HIGH-EFFICIENCY HEATING AND AIR CONDITIONING. WITH CONTROLLED ACCESS ENTRY, SECURITY CAMERAS IN COMMON AREAS, AND OFF-STREET PARKING, RED MILL APARTMENTS IS A SAFE AND QUIET PLACE TO CALL HOME!! CLOSE TO TONS OF SHOPPING, SCHOOLS, PLAYGROUNDS, AND ENTERTAINMENT VENUES. PROFESSIONALLY MANAGED WITH THE POSSIBILITY TO RETAIN THEM FOR FULL MANAGEMENT DUTIES. VERY STABLE, FULLY OCCUPIED, AND IN TURN KEY CONDITION!! THIS PROPERTY MAKES FOR THE PERFECT 1031 EXCHANGE OUT OF A SMALLER ASSET!! CURRENT IN-PLACE NET OPERATING INCOME $78,074+
Business Opportunity: Sale of Established Restaurant This listing is for the sale of the business only; real estate is not included. The current owner, who has successfully operated the business for less than a year, is offering it for sale due to personal circumstances. Situated in a prime, high-traffic area in the heart of Saint Paul, this restaurant boasts a modern, recently constructed space with numerous contemporary upgrades. The business operates under a favorable 5-year lease, presenting a unique opportunity for an aspiring entrepreneur to step into ownership and capitalize on the restaurant’s significant growth potential.
Fully occupied 5-plex on the Eastside with four 2 bedrooms and one 1 bedroom. Showings must be scheduled at least 24 hours in advance and restricted to Mondays 2-7p, Wednesdays 9-noon, Thursdays 5:30-7:30pm, and Saturday 11-2pm and require 24 hrs notice. This property is a part of the 4D program with the city. Tenants pay for all utilities, electricity and cooking gas (except unit 5 is just electricity) and then pay a portion of water, heat/gas and house electricity via RUBS. Vacant lot next door is included in the sale.
Contract for Deed available with 25% down payment. The balance to be paid over a 30 year amortization at an interest rate of 7.5 %. The loan will mature in 3 years with a balloon payment. The buyer will have to carry insurance and hazard insurance during the period. Five unit apartment building! Fully occupied with all long term tenants! Make money while you sleep! 1170 unit #5 has been remodeled and the ground floor in the building has been rebuilt. New furnace installed in 2022. Close to the bus line, restaurants, shopping, garage stalls, and close proximity to freeway. Don't miss this one!
Contract for Deed available with 25% down payment. The balance to be paid over a 30 year amortization at an interest rate of 7.5 %. The loan will mature in 3 years with a balloon payment. The buyer will have to carry insurance and hazard insurance during the period. Nine unit apartment building! Fully occupied with all long term tenants! Make money while you sleep! Close to the bus line, restaurants, shopping, and close proximity to freeway. Features new plumbing, roof 2016 (leak proof membrane shingles with lifetime warranty) off street parking available. Units #6 and #9 have been remodeled. Don't miss this one!
Classic mansion conversion with some original wood and many updates. Close to Metro State University, minutes from downtown, bus lines within 2 blocks.
Two apartment buildings next to each other. There is a 12 unit and a 17 unit. They should be sold together.
The median home value in Saint Paul, MN is $268,200. This is lower than the county median home value of $290,900. The national median home value is $338,100. The average price of homes sold in Saint Paul, MN is $268,200. Approximately 48.35% of Saint Paul homes are owned, compared to 45.47% rented, while 6.17% are vacant. Saint Paul real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Paul real estate agent to arrange a tour today!
Saint Paul, Minnesota 55106 has a population of 309,751. Saint Paul 55106 is less family-centric than the surrounding county with 28.33% of the households containing married families with children. The county average for households married with children is 31.03%.
The median household income in Saint Paul, Minnesota 55106 is $63,483. The median household income for the surrounding county is $71,494 compared to the national median of $69,021. The median age of people living in Saint Paul 55106 is 32.7 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 32.3 inches per year, with 52.1 inches of snow per year.