Saint Paul, MN 55117 849X Rice Street
$325,000
30 more
Presented By: RE/MAX Results
SQFT • 2,592
Home Details
Great investment opportunity for a mixed use building on Rice Street in St. Paul. Main floor is large commercial space with hardwood floors, wall AC, full bathroom & 2 display windows. Upstairs you will find two 1-bedroom apartments, both with full bathrooms. There is a third studio apartment with its own entrance on the main level. Added bonus in that 2 of the 3 units have long-term tenants who would love to stay! Newer furnaces and all windows replaced within the past few years. Great location with great visibility!
Presented By: RE/MAX Results
Interior Features for 849X Rice Street
Other Interior Features
BasementFull, Unfinished
Basement (Y/N)Yes
FuelNatural Gas
General for 849X Rice Street
AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitCable, Kitchen Window, Main Floor Primary Bedroom
AppliancesRange, Refrigerator
Association AmenitiesNone
CitySaint Paul
Construction MaterialsBrick/Stone, Vinyl Siding
ContingencyNone
CoolingWall Unit(s), Window Unit(s)
CountyRamsey
Current UseCommercial, Residential, Retail
DirectionsI-35E South, take the exit onto Maryland Ave E and turn right. Take a left onto Rice Street and continue straight for approximately 9 blocks. Destination will be on your right.
Electric Expense960
Fuel Expense
Garage Spaces
Gross Income36000
HeatingForced Air
High School DistrictSt. Paul
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income31440
NumberOfUnitsTotal4
Operating Expense4560
OwnerPaysElectricity, Fuel, Insurance, Repairs, Percentage Rent, Sewer, Taxes, Trash Collection
PostalCitySaint Paul
Property SubtypeMixed Use, Low Rise
Property TypeCommercial Sale
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMckentys Out Lts To, St Paul
Tax Annual Amount6800
Tax Year2024
Tenant PaysCable TV, Electricity, Fuel, Percent Rent
Trash Expense2400
UtilitiesElectric Separate, Heating Common, Hot Water Separate
Water Sewer Expense1200
Year Built1880
Zoning DescriptionBusiness/Commercial
Exterior for 849X Rice Street
Building Area Total2592
Foundation Area1212
InclusionsBuilding
Lot Dimensions40x110
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0.1
Parking FeaturesPaved, Unassigned
Road Frontage TypeCity Street, Paved Streets, Sidewalks
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Additional Details
Price History
Kevin Conoryea
Realtor® MN