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Presented By: Bridge Realty, LLC
Contract for Deed available with 25% down payment. The balance to be paid over a 30 year amortization at an interest rate of 7.5 %. The loan will mature in 3 years with a balloon payment. The buyer will have to carry insurance and hazard insurance during the period. Nine unit apartment building! Fully occupied with all long term tenants! Make money while you sleep! Close to the bus line, restaurants, shopping, and close proximity to freeway. Features new plumbing, roof 2016 (leak proof membrane shingles with lifetime warranty) off street parking available. Units #6 and #9 have been remodeled. Don't miss this one!
Presented By: Bridge Realty, LLC
Basement (Y/N)No
FuelNatural Gas
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Leased
CitySaint Paul
Construction MaterialsStucco
ContingencyNone
CoolingWindow Unit(s)
CountyRamsey
Current UseResidential
DirectionsFrom White Bear Ave, go WEST on 7th St to property.
Garage Spaces
Gross Income101000
HeatingBoiler
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
Net Operating Income94500
NumberOfUnitsTotal9
PostalCitySaint Paul
Property SubTypeApartment
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameBirminghams 2nd Add
Tax Annual Amount14327
Tax Year2024
UtilitiesElectric Separate, Heating Common
Year Built1960
Zoning DescriptionResidential-Multi-Family
Building Area Total5000
Foundation Area1200
InclusionsBuilding, Leases
Lot Dimensions59x148
Lot Size Area0.2
Parking FeaturesPaved
Water SourceCity Water/Connected
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