$810,000

223 Bates AvenueSaint Paul, MN 55106

Type: Commercial

1886 Year Built

Description

A must-see beautiful historic building with sweeping views of downtown St. Paul, this fully-leased 7-unit property is primed to deliver long-term value. This unique property features hardwood floors, intricate wood trim, a fireplace, 3rd story loft with private deck and panoramic views of downtown, many long-term tenants and plenty of space throughout. Monthly income = $7,995 (8.5% cap!!). Unit breakdown is 3 2-BR, 1 BR, 2 studios and a saloon/commercial space. 8 bathrooms total.

MLS ID: 6506668

Directions: Corner lot on Wilson and Bates

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Property Details

Essential Details

MLS #: 6506668

Listing courtesy of: Fox Realty

Price: $810,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Current Use: Other, Residential

Total Units: 7

Annual Gross Income: $95,940

Tenant Pays: Cable TV, Electricity, Fuel, Gas

Owner Pays: Fuel, Gas, Taxes, Trash Collection, Water

Overhead Door Clearance: 0-9 Feet

Parking Features: Detached, Concrete, Open

Garage Spaces: 1

Other Parking Spaces: 2

Building Details

Owner Occupied: No

Construction Materials: Brick/Stone, Shake Siding, Wood Siding

AccessibilityFeatures: None

Roof: Shake, Age Over 8 Years, Asphalt

Heating: Boiler

Cooling: Window Unit(s)

Style: Apartment, Mixed Use

Year Built: 1886

Foundation Area: 2,356

Amenities - Unit: Balcony, Cable, Ceiling Fan(s), City View, Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Porch, Skylight, Tile Floors, Vaulted Ceiling(s)

Amenities - Association: Common Garden, Deck

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Number of Ranges: One Per Unit

Number of Refrigerators: One Per Unit

Utilities: Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common

Lot Details

Complex/Dev/Sub Name: Lyman Dayton Add

Lot Dimensions: 80x80

Road Frontage: City Street

School Information

District: St. Paul

District Number: 625

District Phone: 651-767-8100

Community Information

County: Ramsey

Survey Range: 22

Survey Section: 32

Survey Township: 29

Taxes

Tax Year: 2023

Tax Amount: $12,030

Assessment Pending: No

Taxes w/Assessments: $12,030

This listing was last updated by Fox Realty on 4/26/2024 at 7:53 am.

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 10:25 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM 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 Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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