Description
TOP-TIER LOCATION JUST STEPS FROM THE NEWLY BUILT $250MILLION ALLIANZ FIELD IN ST.PAUL, MN. BUILT IN 1915 THIS HISTORIC 5-UNIT IS FULLY RENTED AND PERFECT FOR THE PASSIVE INVESTOR! MAIN FLOOR AND UPPER FLOORS FEATURE LARGE 1,050+ SQFT TWO BEDROOM APTS WITH FRONT SUNROOMS. LOWER LEVEL HAS A ONE BEDROOM APT AND AN ADDITIONAL NON-CONFORMING OFFICE/STUDIO. LARGE REAR PARKING LOT WITH PLENTY OF OFF STREET PARKING SPOTS. RIGHT NOW THE PROPERTY IS 100% OCCUPIED! CURRENT IN PLACE CAP RATE IS 6.2%
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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6,200SQFT
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$101$/SQFT
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Listing courtesy of Apartment Cash Flow, Inc..Description
TOP-TIER LOCATION JUST STEPS FROM THE NEWLY BUILT $250MILLION ALLIANZ FIELD IN ST.PAUL, MN. BUILT IN 1915 THIS HISTORIC 5-UNIT IS FULLY RENTED AND PERFECT FOR THE PASSIVE INVESTOR! MAIN FLOOR AND UPPER FLOORS FEATURE LARGE 1,050+ SQFT TWO BEDROOM APTS WITH FRONT SUNROOMS. LOWER LEVEL HAS A ONE BEDROOM APT AND AN ADDITIONAL NON-CONFORMING OFFICE/STUDIO. LARGE REAR PARKING LOT WITH PLENTY OF OFF STREET PARKING SPOTS. RIGHT NOW THE PROPERTY IS 100% OCCUPIED! CURRENT IN PLACE CAP RATE IS 6.2%
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