52 Douglas ST, Saint Paul, MN 55102 - MLS#6674058

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$895,000

Est. payment - /mo

6,098 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 6,098 sqft

Price per Sqft $146

Subdivision Samuel Leeches Add

MLS Listing ID 6674058

Year Built 1890

Annual Tax Amount $14,270

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 40 x 100

Property Description

DOUGLAS STREET FLATS IS A UNIQUE ONE PARCEL TWO BUILDING 8-UNIT INVESTMENT OPPORTUNITY VERY 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. METICULOUSLY CLEAN AND WELL MAINTAINED! ORIGINALLY BUILT AND CONSTRUCTED IN 1890. RESIDENTS ENJOY HOW SPACIOUS THEIR UNITS ARE WITH OVER 800 SQUARE FEET AND HOW THEY FEEL LIKE INDIVIDUAL CONDOS WITH WINDOWS FACING THREE DIRECTIONS. EACH APARTMENT FEATURES A STACKABLE WASHER AND DRYER UNIT, HARDWOOD FLOORS, AND IS A CORNER UNIT. THE LOWER LEVELS HAVE SUPER LARGE STORAGE LOCKERS FOR RESIDENTS. CURRENTLY ALL THE UNITS ARE RENTED AND EACH TENANT PAYS FOR THEIR OWN SEPARATE ELECTRIC WHICH COVERS THE ELECTRIC BASEBOARD HEAT. OWNER PAYS FOR WATER, TRASH, AND GAS FOR WATER HEATERS. A NEW OWNER CAN RAISE RENTS ON LEASE RENEWALS TO CAPTURE A HIGHER RETURN ON THEIR INVESTMENT!

Location

State MN

County Ramsey

Community Samuel Leeches Add

Direction Off of West 7th in St.Paul, MN

Rooms

Basement Full

Interior

Heating Baseboard

Cooling Window

Exterior

Parking Features None

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Roof Type Age Over 8 Years,Flat

Accessibility None

Building

Lot Description Tree Coverage - Light

Water City Water/Connected

Others

Senior Community No

Tax ID 012823410045

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Listed by Apartment Cash Flow, Inc.

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