$1,840,000
Saint Paul, MN 55116
MLS# 6501904
1 / 16
Property Description
17 (10 1 BR and 7 Studios) Unit building in Highland Park! 1 mile from the Mississippi River. Perfect central location of the Twin Cities just minutes from shopping, dining, and close to public transportation, and major highways. Building sits on a large lot with 17 Garages allowing for an extra income stream!
Details
Maps
Documents
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $1,840,000
Contingency: None
ListPrice: 1840000
List Date: 2024-03-21
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Year Built: 1950
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 1
Garage Stalls: 17
For Sale or Lease: For Sale
Acres: 0.52
Lot Dimensions: irregular
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: MIDWAY HIGHLAND PARK LOTS 6 7 8 AND LOT 9 BLK 1
Listing City: Saint Paul
Map Page: 121
Municipality: Saint Paul
Rental License?: No
School District Phone: 651-767-8100
House Number: 2040
Street Name: Saunders
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55116
Zip Plus 4: 8587
Property ID Number: 162823230091
Tax Year: 2024
Tax Amount: 37869
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 17 (10 1 BR and 7 Studios) Unit building in Highland Park! 1 mile from the Mississippi River. Perfect central location of the Twin Cities just minutes from shopping, dining, and close to public transportation, and major highways. Building sits on a large lot with 17 Garages allowing for an extra income stream!
Directions: FORD PKWY TO CLEVELAND, SOUTH 4 BLKS TO SAUNDERS
Assessments
Assessment Balance: 1164
Tax With Assessments: 39034
Building Information
Building Finished SqFt: 11457
Income and Expenses
Annual Gross Expenses: 86101.21
Annual Gross Income: 197798
Annual Net Income: 111696
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 16
Township#: 28
Sale Options
Sale Includes: Building, Land, Leases, Rental License
Unit 1
Unit Number: 1
Monthly Rent: 945
Lease Expiration Date: 2024-03-31
No. of 1 Bedroom Units: 17
Unit 10
Lease Expiration Date: 2024-03-31
Monthly Rent: 953
Unit Number: 10
Unit 11
Lease Expiration Date: 2024-03-31
Monthly Rent: 500
Unit Number: 11
Unit 12
Lease Expiration Date: 2024-08-31
Monthly Rent: 1050
Unit Number: 12
Unit 13
Lease Expiration Date: 2024-03-31
Monthly Rent: 937
Unit Number: 13
Unit 14
Lease Expiration Date: 2024-08-31
Monthly Rent: 767
Unit Number: 14
Unit 15
Lease Expiration Date: 2024-08-31
Monthly Rent: 850
Unit Number: 15
Unit 2
Lease Expiration Date: 2024-08-31
Monthly Rent: 800
Unit Number: 2
Unit 3
Lease Expiration Date: 2024-07-31
Monthly Rent: 850
Unit Number: 3
Unit 4
Lease Expiration Date: 2024-03-31
Monthly Rent: 911
Unit Number: 4
Unit 5
Lease Expiration Date: 2024-03-31
Monthly Rent: 745
Unit Number: 5
Unit 6
Lease Expiration Date: 2024-03-31
Monthly Rent: 895
Unit Number: 6
Unit 7
Lease Expiration Date: 2024-08-31
Monthly Rent: 945
Unit Number: 7
Unit 8
Lease Expiration Date: 2024-08-31
Monthly Rent: 850
Unit Number: 8
Unit 9
Lease Expiration Date: 2024-03-31
Monthly Rent: 845
Unit Number: 9
Unit Details
Total Units: 17
Unit Information
No. of Efficiency Units: 10
Property Features
Accessible: None
Air Conditioning: Wall
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Commercial; Residential; Resort
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Boiler
Loan Terms: Cash; Conventional
No. of Ranges: One Per Unit
No. of Refrigerators: One Per Unit
On Site Utilities: Heating Common; Hot Water Common
Owner Pays: Electricity; Fuel; Sewer; Taxes; Trash Collection; Water
Parking Characteristics: Detached Garage
Sewer: City Sewer/Connected
Tenant Pays: Broadband; Cable TV; Electricity
Water: City Water/Connected
23 and 24 Saunders.pdf Listing Office: Coldwell Banker Realty
Last Updated: April - 30 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
