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$ 895,000
Est. payment | /mo
7 Beds
8 Baths
0.29 Acres Lot
$ 895,000
Est. payment | /mo
7 Beds
8 Baths
0.29 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Rice Street Villas
MLS Listing ID 7151644
Bedrooms 7
Year Built 1968
Annual Tax Amount $15,663
Tax Year 2026
Contingent None
Lot Size 0.291 Acres
Lot Dimensions 123 x 100
Property Description
Solid all-brick 8-unit apartment building featuring seven 1-bedroom units and one studio, offering a desirable mix for renters. The property has a newer roof, on-site laundry, and off-street parking located behind the building.
Conveniently situated within walking distance of shopping, restaurants, a beach, parks, gas station, and public transportation, making this a location that appeals to tenants who value convenience and accessibility.
The property is easy to show and easy to rent, making it an excellent opportunity for an investor looking for a well-located multifamily property with a practical unit mix and desirable tenant amenities.
This building qualifies as Affordable Housing. A great opportunity to add an established 8-unit property to your investment portfolio.
Conveniently situated within walking distance of shopping, restaurants, a beach, parks, gas station, and public transportation, making this a location that appeals to tenants who value convenience and accessibility.
The property is easy to show and easy to rent, making it an excellent opportunity for an investor looking for a well-located multifamily property with a practical unit mix and desirable tenant amenities.
This building qualifies as Affordable Housing. A great opportunity to add an established 8-unit property to your investment portfolio.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Cooling Wall Unit(s)
Inclusions Building
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate
Roof Type Age 8 Years or Less
Present Use Residential
Building
Lot Description Corner Lot
Story Two
Foundation 2993
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District St. Paul
Listed by Maureen McGarry • Investors Realty MN