Property Listing
Description
Solid 16-unit apartment complex opportunity in a high-demand East St. Paul location just a few blocks from Lake Phalen. This all brick, two-building complex blends classic construction with strong rental appeal. There is a 6-unit building features five spacious 2 R units and one 1BR, while the 10-unit building offers nine 1BR units and one 2BR. A great mix of unit options to capture a broad tenant base. Residents enjoy convenient off-street parking, easy access to public transit right outside the door and proximity to Johnson High School, Farnsworth Elementary, and a wide array of shipping and dining options. Solid bones, desirable layout, and a good location! This is a rare opportunity to elevate your portfolio with a stable, income-producing asset in a consistently sought-after neighborhood.
Property Information
Status: Active
Sub Type: ********
List Price: $1,595,000
MLS#: 7015772
Current Price: $1,595,000
Address: 881-889 Maryland Avenue E, Saint Paul, MN 55106
City: Saint Paul
State: MN
Postal Code: 55106
Geo Lat: 44.977782
Geo Lon: -93.063205
Subdivision: Wilders Add
County: Ramsey
Property Description
Year Built: 1958
Lot Size SqFt: 6098.4
Gen Tax: 30800
Specials Inst: 1403
High School: St. Paul
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Total SqFt.: ********
Style: ********
Total Bedrooms: 22
Total Bathrooms: 16
Total Full Baths: ********
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Garage Stalls: 0
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Property Features
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Lot Feat/Fld Plain: Array
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