For Sale: Saint Paul MLS# 6748687
Active
NEW!
$695,000
Commercial: 2 Stories
Built 1960
0.1 acres
St. Paul schools
MLS# 6748687
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Property Description
Welcome to this beautifully maintained 6-unit multifamily building in the vibrant and highly desirable West Seventh neighborhood of Saint Paul. Built in 1960, this property blends timeless character with thoughtful updates that attract high-quality residents who love calling it home.
Featuring five spacious 1-bedroom units and one cozy studio, current rents range from $840 to $1, 165, offering a strong return for investors or excellent value for an owner-occupant looking to live on-site. Each unit showcases classic hardwood floors, generous natural light, and a welcoming layout that tenants appreciate.
The exterior offers curb appeal with a classic stucco finish and a stylish brick facade at the front. Lush, professionally landscaped grounds enhance the property's charm and create a serene urban retreat for residents.
Recent updates have been made with resident quality and comfort in mind, ensuring long-term tenancy and reduced turnover. This turnkey property is a rare find in a neighborhood known for its walkability, culture, and strong rental demand.
Highlights:
New roof installed November 2023.
6 total units (5 one-bedrooms, 1 studio).
Rents: $840–$1, 165/month.
Built in 1960 with historic charm and modern updates.
Hardwood floors throughout.
Stucco exterior with brick front façade.
Beautifully landscaped.
Highly maintained and move-in ready.
Ideal for investors or owner-occupants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$695,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1960
State:
MN
Property Style:
2 Stories
Zip Code:
55102
Neighborhood/Area:
West Seventh
Subdivision Name:
Clarkes Add
Interior
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Range
- Refrigerator
Basement Details:
Finished
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
4
Air Conditioning:
Window Unit(s)
Foundation Size:
4,320 ft2
Foundation Dimensions:
48 x 30
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Asphalt
Unit Amenities:
- Ceiling Fan(s)
- Hardwood Floors
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.1
Geolocation:
44.922441, -93.135066
Inclusions:
Building, Leases
Lot Dimensions:
40 x 111
Zoning:
Residential-Multi-Family
Lot Description:
Some Trees
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$3,519
Annual Insurance Expense:
$3,108
Annual Maintenance Expense:
$3,774
Annual Gross Expense:
$20,195
Annual Trash Expense:
$931
Annual Water/Sewer Expense:
$1,331
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,934
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,532
Income
Annual Gross Income:
$75,654
Rent
Annual Net Income:
$55,459
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of First Select.
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.