12 Unit building in the heart of Merriam Park. Brand new steam boiler winter 2024. Clean and quiet units with hardwood floors and historic details throughout. Parking lot is a separate PID and zoned RM2.
MLS ID: 6507587
Directions: Snelling to Selby west to property.
MLS #: 6507587
Listing courtesy of: Grand Realty, LLC
Price: $1,199,999
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Current Use: Residential
Total Units: 12
Annual Gross Income: $122,400
Net Operating Income: $52,000
Operating Expense: $70,000
Annual Gross Expense: $70,000
Annual Electric Expense: $1,200
Annual Fuel Expense: $8,000
Annual Insurance Expense: $5,000
Annual Maintenance Expense: $12,000
Annual Annual Expense: $2,400
Annual Water/Sewer Expense: $2,000
Tenant Pays: Cable TV, Electricity
Owner Pays: Gas, Insurance, Repairs, Taxes, Trash Collection
Parking Features: Parking Lot
Other Parking Spaces: 12
Owner Occupied: No
Construction Materials: Brick/Stone
AccessibilityFeatures: None
Heating: Steam
Cooling: None
Style: Apartment
Year Built: 1937
Foundation Area: 3,300
Amenities - Unit: Hardwood Floors
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Number of Ranges: One Per Unit
Number of Refrigerators: One Per Unit
Utilities: Electric Separate, Heating Common, Hot Water Common
Complex/Dev/Sub Name: Skidmore & Cassedys, Park Add
Lot Dimensions: 60x108
Road Frontage: City Street
District: St. Paul
District Number: 625
District Phone: 651-767-8100
County: Ramsey
Survey Range: 23
Survey Section: 04
Survey Township: 28
Tax Year: 2023
Tax Amount: $25,364
Assessment Pending: Unknown
Taxes w/Assessments: $25,364
This listing was last updated by Grand Realty, LLC on 4/11/2024 at 9:20 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 5/3/2024 12:45 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 Rochester 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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