For Sale: South Saint Paul MLS# 6512166
Active
$785,000
Commercial: Apartment,Low Rise
Built 1968
0.23 acres
South St. Paul schools
MLS# 6512166
Ask Sandi:
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Solid 6 unit brick building, with new secure exterior doors, new parking lot, located in a lovey tree lined residential neighborhood, good schools, close to library, parks and pools, MTC bus lines, major freeways and major employers. All leases are month-to-month, with history of very low vacancy rate. Five 2 bedroom units and one studio, on sight laundry, and 6 assigned parking spots. Dogs allowed. Building sustained fire damage summer of 2020, units #1 & #3, were fully rebuilt. Residents pay their own unit electric, except for studio, where owner pays all utilities. Owner pays heat, water and sewer, house electric, garbage. New roof in 2011, new water heater in 2021, new parking lot in 2022. City of South St Paul does NOT have rent control. A rental license is required.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$785,000
Property Type:
Commercial
City:
South Saint Paul
County:
Dakota
Year Built:
1968
State:
MN
Property Style:
Apartment, Low Rise
Zip Code:
55075
Subdivision Name:
Hepburn Park
Interior
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Dryer
- Exhaust Fan
- Range
- Refrigerator
- Washer
Basement Details:
- Block
- Daylight/Lookout Windows
- Finished
Exterior
Other Parking Spaces:
6
Foundation Size:
3,000 ft2
Foundation Dimensions:
50 x 60
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Parking Lot
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.23
Geolocation:
44.88747, -93.035703
Inclusions:
Building, Land
Lot Dimensions:
80 x 125
Zoning:
Residential-Multi-Family
Schools
School District:
6
District Phone:
651-457-9400
Expenses
Annual Caretaker Expense:
$900
Annual Electric Expense:
$2,218
Annual Fuel Expense:
$3,700
Annual Insurance Expense:
$5,090
Annual Maintenance Expense:
$900
Annual Trash Expense:
$960
Annual Water/Sewer Expense:
$2,200
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,902
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,902
Income
Annual Gross Income:
$89,940
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Hot Water 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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Maxwell Blue Real Estate.
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.