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!
MLS ID: 6533121
Directions: Phalen Blvd North on Payne Avenue to property which is on the East Side of Payne Ave.
MLS #: 6533121
Listing courtesy of: RE/MAX Results
Price: $915,000
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial, Residential-Multi-Family
Current Use: Residential, Retail
Total Units: 13
Annual Gross Income: $1
Net Operating Income: $1
Operating Expense: $1
Annual Gross Expense: $1
Annual Manager Expense: $1
Annual Electric Expense: $1
Annual Fuel Expense: $1
Annual Insurance Expense: $1
Annual Maintenance Expense: $1
Annual Other Expense: $1
Annual Annual Expense: $1
Annual Water/Sewer Expense: $1
Parking Features: None
Construction Materials: Brick/Stone
AccessibilityFeatures: None
Heating: Baseboard, Forced Air
Style: Mixed Use, Low Rise
Year Built: 1886
Foundation Area: 3,625
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Heating Separate
Complex/Dev/Sub Name: Chas Weides Sub Of B34 Arling
Lot Dimensions: 40x127
District: St. Paul
District Number: 625
District Phone: 651-767-8100
County: Ramsey
Survey Range: 22
Survey Section: 29
Survey Township: 29
Tax Year: 2023
Tax Amount: $16,562
Assessment Pending: Unknown
Taxes w/Assessments: $16,562
This listing was last updated by RE/MAX Results on 5/10/2024 at 9:03 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 6/2/2024 3:25 pm.
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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