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Sold
$915,000  (list price)
$775,000
/mo Edit
Commercial:  Mixed Use,Low Rise
Built 1886
0.08 acres
St. Paul schools
MLS# 6533121
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    Property Description

    Beautiful turn of the century mixed use building. Great opportunity for income producing property. Nine residential units on upper floors plus four commercial units on first floor. Very rentable units & location. Check it out for your next investment. Will far exceed the 1% rule. Bring an offer!

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Mixed Use, Low Rise
    Zip Code: 55130
    Neighborhood/Area: Payne-Phalen
    Subdivision Name: Chas Weides Sub Of B34 Arling

    Exterior

    Other Parking Spaces: 0
    Foundation Size: 3,625 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: None
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.08
    Geolocation: 44.967798, -93.073368
    Inclusions: Building
    Lot Dimensions: 40 x 127
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 625
    District Phone: 651-767-8100

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Gross Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $16,562
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $16,562

    Income

    Annual Gross Income: $1

    Rent

    Annual Net Income: $1

    Units

    Total Units: 13

    Miscellaneous

    Current Use:
    • Residential
    • Retail
    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.