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Active
$695,000
/mo Edit
Commercial:  Apartments
Built 1880
0.17 acres
St. Paul schools
MLS# 6390631
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    Property Description

    7-unit building located in Cathedral Hill. Includes a 3-car garage plus 4 additional parking spaces. Great cash flow and many long-term tenants. Please see the Matterport virtual tour prior to requesting an appointment.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Apartments
    Zip Code: 55102
    Neighborhood/Area: Summit-University
    Subdivision Name: Dayton & Irvines Add

    Interior

    Ranges: One Per Unit, Six or More
    Refrigerators: One Per Unit, Six or More
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Dimensions: 40x20
    Garage Size: 800 ft2
    Other Parking Spaces: 4
    Air Conditioning: None
    Foundation Size: 1,500 ft2
    Handicap Accessible: None
    Heating System: Hot Water
    Parking Features: Detached
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Stucco
    Roof Details: Pitched

    Lot & Land

    Acres: 0.17
    Geolocation: 44.947618, -93.111502
    Inclusions: Building, Leases
    Lot Dimensions: Irregular
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Electric Expense: $6,511
    Annual Fuel Expense: $6,762
    Annual Insurance Expense: $7,414
    Annual Gross Expense: $26,943
    Annual Trash Expense: $2,999
    Annual Water/Sewer Expense: $3,257

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $12,311
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $13,584

    Income

    Annual Gross Income: $87,180

    Rent

    Annual Net Income: $60,237

    Units

    Total Units: 7

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.