For Sale: Saint Paul MLS# 7159532
Active
$795,000
Commercial: 2 Stories
Built 1911
0.133 acres
St. Paul schools
MLS# 7159532
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Property Description
Dayton Avenue Apartments is an eight-unit multifamily property located at 524 Dayton Avenue in the Cathedral Hill neighborhood of Saint Paul. Constructed in 1911, the property is situated on a 0.13-acre parcel and consists of two studio and six one-bedroom residences. The property is fully occupied, with average monthly rents of approximately $1, 088.
The property has benefited from several interior and building improvements. All eight residences feature updated flooring, while six units include granite countertops and four units have tile backsplashes. Every residence is also equipped with a dishwasher. Additional building improvements include updated electrical panels.
Dayton Avenue Apartments is located just a few blocks from the Martin Luther King Recreation Center, which offers a baseball diamond, tennis courts, an indoor gym, and additional recreational amenities. The property also benefits from its Cathedral Hill location, providing convenient access to neighborhood restaurants, retail, public transportation, and employment centers throughout Saint Paul.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$795,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1911
State:
MN
Property Style:
2 Stories
Zip Code:
55102
Neighborhood/Area:
101
Subdivision Name:
Woodland Park Addition, To St
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
3,320 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
Parking Features:
On-Street Parking Only
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.133
Geolocation:
44.947132, -93.122312
Inclusions:
Building
Lot Dimensions:
50' x 116.4' x 50' x 116.4'
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
6517678100
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$17,762
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$17,762
Income
Annual Gross Income:
$105,032
Rent
Annual Net Income:
$51,120
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Marcus & Millichap.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.