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Active
Listed
$874,900
/mo   Edit
MLS# 5229168
1575 7th Street W
Saint Paul, MN 55102
Commercial
Built 2000
0.43 acres
St. Paul schools
Info: 763-576-8286
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    Description:   Great opportunity for an owner/ user or investor newer office building conveniently located on W 7th Street. Building features 4 office spaces currently leased tenants pay expenses. Ample off-street parking great location building has many uses.
    List Price: $874,900
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 2000
    Neighborhood/Area: West Seventh
    City: Saint Paul
    Zip Code: 55102

    Interior

    Building Fin Sq Ft: 5,664 ft²

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 5,664 ft²
    Road Frontage: City
    Handicap Accessible: No Stairs Internal, Doors 36"+, Hallways 42"+, Grab Bars In Bathroom
    Exterior Material: Stucco, Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 21
    Roof Details: Flat, Age Over 8 Years

    Rooms

    Shared Rooms: Other

    Lot

    Acres: 0.43
    Latitude: 44.91755900
    Longitude: -93.14237800
    Lot Size Dim.: 120x159
    Dev/Complex Name: Birminghams Fourth Add
    Zoning: Business/Commercial

    Schools

    School District: 625 - St. Paul
    District Phone: 651-767-8100

    Expenses

    Annual Electric Expense: $1,000
    Annual Fuel Expense: $4,000
    Annual Insurance Expense: $2,000
    Annual Repair Expense: $5,100
    Annual Gross Expense: $43,385
    Total Annual Expenses: $43,385
    Annual Trash Expense: $2,500
    Annual Water/Sewer Expense: $425
    Tenant Expenses: Taxes, Insurance, Water/Sewer, Electric, Fuel, Maintenance/Repair, Janitorial, Trash, Snow, Lawn

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $23,410
    Assessment Pending: Unknown
    Taxes w/ Assessments: $23,410

    Income

    Annual Gross Income: 115569.04

    Rent

    Annual Net Income: $72,184

    Unit

    Total Units: 4

    Miscellaneous

    Current Use: Professional Service
    Fuel System: Natural Gas
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Richard
    Smyth
    TruStone
    Jeff
    Zajac
    TruStone
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    Von Itter
    Movement
    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet