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Saint Paul,MN 55106
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision J W Bass Sub L14-15 & Pt L13
MLS Listing ID 6615249
Year Built 1889
Annual Tax Amount $26,076
Tax Year 2024
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 60 x 150
Property Description
THE RED MILL APARTMENTS LOCATED IN THE HEART OF SAINT PAUL IS CLOSE TO DOWNTOWN AND THE SUBURBS OF OAKDALE, WOODBURY & MAPLEWOOD. EASY ACCESS TO HIGHWAYS 94 & 494. ORIGINALLY BUILT IN 1889 AND NEWLY RENOVATED AND EXPANDED IN 2022, THIS MULTI-FAMILY ASSET OFFERS RESIDENTS LARGE 1-BD, 2-BD, 3-BD, & 4-BEDROOM UNITS DESIGNED FOR MODERN LIVING! NEWER WINDOWS, TALL CEILINGS, AND IN-UNIT WASHER AND DRYERS. EACH APARTMENT FEATURES STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, AMPLE CLOSET SPACE, IN-UNIT LAUNDRY, AND SELF-CONTROLLED HIGH-EFFICIENCY HEATING AND AIR CONDITIONING. WITH CONTROLLED ACCESS ENTRY, SECURITY CAMERAS IN COMMON AREAS, AND OFF-STREET PARKING, RED MILL APARTMENTS IS A SAFE AND QUIET PLACE TO CALL HOME!! CLOSE TO TONS OF SHOPPING, SCHOOLS, PLAYGROUNDS, AND ENTERTAINMENT VENUES. PROFESSIONALLY MANAGED WITH THE POSSIBILITY TO RETAIN THEM FOR FULL MANAGEMENT DUTIES. VERY STABLE, FULLY OCCUPIED, AND IN TURN KEY CONDITION!! THIS PROPERTY MAKES FOR THE PERFECT 1031 EXCHANGE OUT OF A SMALLER ASSET!! CURRENT IN-PLACE NET OPERATING INCOME $88,604+
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Land,Leases,Rental License
Fireplace No
Appliance Dishwasher,Range,Refrigerator
Exterior
Parking Features Paved
Utilities Available Electric Separate,Heating Separate,Hot Water Separate
Roof Type Age 8 Years or Less,Flat
Present Use Residential
Building
Lot Description Corner Lot
Story Two
Foundation 5723
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District St. Paul
Others
Special Listing Condition Real Estate Owned