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$735,000
Est. payment /mo
8 Beds
8 Baths
9,583 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 9,583 sqft
Price per Sqft $76
Subdivision Clarkes Add
MLS Listing ID 6677569
Bedrooms 8
Year Built 1966
Annual Tax Amount $15,216
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 80 x 120
Property Description
WEST 7TH STREET APARTMENTS IS A CLASSIC ALL-BRICK SEVEN-UNIT BUILDING CLOSE TO DOWNTOWN SAINT PAUL, THE MALL OF AMERICA, AND THE MPLS/ST.PAUL INTERNATIONAL AIRPORT. THIS PROPERTY HAS BEEN VERY WELL MANAGED AND CARED FOR OVER THE YEARS, CLEAN AND CONSTRUCTED IN 1966. RESIDENTS ENJOY THE OFF-STREET PARKING LOT ALONG WITH THE OPTION TO RENT ONE OF THE FOUR GARAGES. THERE IS ONSITE COIN LAUNDRY AND EXTRA STORAGE LOCKERS FOR RESIDENTS. CURRENTLY ALL THE UNITS ARE RENTED AND EACH TENANT PAYS FOR THEIR OWN SEPARATE ELECTRIC. OWNER PAYS HEAT, WATER AND TRASH. ALL FOUR UPPER APARTMENTS FEATURE OAK HARDWOOD FLOORING AND THEY ALL HAVE WALL AIR CONDITIONING UNITS. SPACIOUS ROOMS AND ONE OF THE LOWER LEVEL UNITS IS A SPECIAL TWO-BED TWO-BATHROOM UNIT! A NEW OWNER CAN RAISE RENTS ON LEASE RENEWALS TO CAPTURE A HIGHER RETURN ON THEIR INVESTMENT!
Location
State MN
County Ramsey
Community Clarkes Add
Direction on west 7th
Rooms
Basement Egress Windows, Finished (Livable), Full
Interior
Heating Boiler, Hot Water
Cooling Wall
Exterior
Parking Features Parking Lot
Garage Spaces 4.0
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age Over 8 Years,Pitched
Accessibility None
Total Parking Spaces 4
Building
Water City Water/Connected
Structure Type Brick,Frame
Others
Senior Community No
Tax ID 112823420117
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Listed by Apartment Cash Flow, Inc.
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