$580,000

162 George Street WSaint Paul, MN 55107

Type: Commercial

1911 Year Built

Description

Serious CASH FLOW! Separate Utilities. Laundry in Every Unit. The owner has made many updates and remodeling over the past year. This includes New Roof, 100% Maintenance Free Vinyl Exterior, New Metal Soffit & Fascia, New Window& Door Wraps, New LVP Flooring, Wall, Ceiling, Trim, Door Repair, Cabinets Painted, Updated plumbing, Updated Electrical, Replaced Several Windows with New Vinyl Windows, Several New Window Screens, Several New Entry Doors. New appliances Including: Washers, Dryers, Fridges, Ranges and Microwaves. Very Little Deferred Maintenance in the Years to Come. MUST SEE!

MLS ID: 6358343

Directions: Smith Ave Bridge To George, East To Property

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Property Details

Essential Details

MLS #: 6358343

Listing courtesy of: Blackbridge Real Estate

Price: $580,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Current Use: Residential

Total Units: 5

Annual Gross Income: $66,852

Net Operating Income: $52,212

Operating Expense: $14,640

Annual Gross Expense: $14,640

Annual Insurance Expense: $6,093

Annual Maintenance Expense: $2,400

Tenant Pays: Electricity, Gas, Trash Collection, Water

Owner Pays: Insurance, Grounds Care, Snow Removal, Taxes

Parking Features: Parking Lot

Other Parking Spaces: 3

Building Details

Owner Occupied: No

Construction Materials: Vinyl Siding

AccessibilityFeatures: None

Roof: Age 8 Years or Less, Asphalt

Heating: Baseboard, Forced Air, Radiant

Cooling: Window Unit(s)

Style: Apartment

Year Built: 1911

Foundation Area: 2,000

Amenities - Unit: Hardwood Floors, Kitchen Window, Paneled Doors, Porch, Vaulted Ceiling(s)

Sewer: City Sewer - In Street

Water Source: City Water - In Street

Number of Ranges: Five

Number of Refrigerators: Five

Utilities: Electric Separate, Heating Separate

Lot Details

Complex/Dev/Sub Name: Nelson Stevens & Kings, Addi

Lot Dimensions: 49 x 124

School Information

District: St. Paul

District Number: 625

District Phone: 651-767-8100

Community Information

County: Ramsey

Survey Range: 22

Survey Section: 07

Survey Township: 28

Taxes

Tax Year: 2022

Tax Amount: $7,744

Assessment Pending: Unknown

Taxes w/Assessments: $7,744

This listing was last updated by Blackbridge Real Estate on 4/25/2024 at 3:44 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 6:25 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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