1610 Albemarle ST new

Saint Paul,MN 55117

$ 1075000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Rice Street Villas

MLS Listing ID 6755680

Year Built 1968

Annual Tax Amount $14,418

Tax Year 2024

Lot Size 0.290 Acres

Property Sub-Type Apartment

Property Description

Discover the potential of this vibrant 8-unit apartment complex, a gem in the heart of a bustling neighborhood, perfectly poised to attract great tenants. Located just steps from public transportation and within walking distance to shopping, dining, even McCarrons beach, this property offers an ideal mix of convenience and lifestyle.
Property Highlights:
• Desirable Unit Features: Each spacious one-bedroom apartment includes generous living areas and select units boast private balconies—perfect for enjoying the outdoors without leaving home.
• Convenient On-Site Amenities: Residents benefit from on-site coin-operated laundry facilities and off-street parking, adding to the everyday convenience.
• Prime Location: Nestled within walking distance to local eateries, boutiques, and outdoor activities at McCarrons beach, offering tenants an engaging lifestyle right at their doorstep.
• Strong Rental Demand: In a high-demand area, this building promises consistent rental income and low vacancy rates.
This property not only meets the practical needs of today's renters but also caters to their lifestyle preferences, making it a highly attractive offering in the rental market. Ideal for investors seeking a lucrative opportunity with minimal overhead, this apartment building combines solid construction with an convienent location to ensure a robust return on investment.
Capitalize on this rare market opportunity to enhance your real estate portfolio.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Interior

Heating Boiler

Cooling Wall Unit(s)

Inclusions Building

Exterior

Parking Features Paved

Utilities Available Electric Separate,Heating Common

Roof Type Age 8 Years or Less

Building

Story Two

Foundation 2993

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District St. Paul

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