Property Listing
Description
1562 Edmund Avenue presents a premier opportunity to acquire a fully occupied, turnkey 8-unit apartment community situated in the heart of St. Paul's vibrant Hamline-Midway neighborhood. Offered at an accessible price point of $720,000 ($90,000/unit), this classic asset delivers immediate, stable cash flow from day one, serving as an ideal vehicle for both private capital investors seeking reliable yield and seasoned operators looking to expand their Twin Cities footprint. This building features highly functional, easy-to-manage layouts that are perpetually in high demand. Tenants benefit from on-site, coin-operated laundry infrastructure located in the basement, while landlord expenses are streamlined by efficient utility structures. Each tenant has their own electric and gas meters.
Property Information
Status: Active
Sub Type: ********
List Price: $720,000
MLS#: 7105205
Current Price: $720,000
Address: ********
City: Saint Paul
State: MN
Postal Code: 55104
Geo Lat: ********
Geo Lon: ********
Subdivision: Hamline Syndicate Add, No3
County: Ramsey
Property Description
Year Built: 1913
Lot Size SqFt: 6098.4
Gen Tax: 12016
Specials Inst: 0
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area: ********
Below Grade Finished Area: ********
Below Grade Unfinished Area:
Total SqFt.:
Style: ********
Total Bedrooms: 8
Total Bathrooms: 8
Total Full Baths: ********
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
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Inclusions: Building, Leases
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