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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. Five unit apartment building! Fully occupied with all long term tenants! Make money while you sleep! 1170 unit #5 has been remodeled and the ground floor in the building has been rebuilt. New furnace installed in 2022. Close to the bus line, restaurants, shopping, garage stalls, and close proximity to freeway. Don't miss this one!
Presented By: Bridge Realty, LLC
Basement (Y/N)No
FuelNatural Gas
AccessibilityNone
Additional Parcels Y/NNo
CitySaint Paul
Construction MaterialsBrick/Stone, Stucco, Vinyl Siding
ContingencyNone
CoolingWindow Unit(s)
CountyRamsey
Current UseResidential
DirectionsFrom Hwy 94, go NORTH on Johnson Pkwy. Take a LEFT on Minnehaha, a RIGHT on Duluth and a LEFT on 7th St E. Property will be on your left side.
Garage Spaces4
Gross Income52000
HeatingBoiler
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
Net Operating Income45500
NumberOfUnitsTotal5
PostalCitySaint Paul
Property SubTypeApartment
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameTerrys Add
Tax Annual Amount5790
Tax Year2024
UtilitiesElectric Separate, Heating Common
Year Built1884
Zoning DescriptionBusiness/Commercial
Building Area Total3070
Foundation Area1536
InclusionsBuilding, Leases
Lot Dimensions50x118x49x118
Lot Size Area0.13
Parking FeaturesDetached, Driveway - Other Surface, Guest Parking
Water SourceCity Water/Connected
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