1711 7th Street E Saint Paul, MN $ 995,000
1711 7th Street E
$ 995,000
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1711 7th Street E

Saint Paul, MN, 55106
$ 995,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 5,959

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Commercial Property for sale in Saint Paul, MN

for $995,000. This 5,000 square foot building was built in 1960 on a lot size of 0.2.

Contract for Deed available with 25% down payment. The balance to be paid over a 30 year amortization at an interest rate of 7.5 %. The loan will mature in 3 years with a balloon payment. The buyer will have to carry insurance and hazard insurance during the period. Nine unit apartment building! Fully occupied with all long term tenants! Make money while you sleep! Close to the bus line, restaurants, shopping, and close proximity to freeway. Features new plumbing, roof 2016 (leak proof membrane shingles with lifetime warranty) off street parking available. Units #6 and #9 have been remodeled. Don't miss this one!

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 14,327

Style

Apartment

Lot Size

0.2

Year Built

1960

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

6580987

Features
General
Sewer City Sewer/Connected
Heating Boiler
Cooling Window Unit(s)
Utilities Electric Separate Heating Common
Garage Spaces 0
Construction Materials Stucco
Year Built 1960
Property Subtype Apartment
Tax Year 2024
Current Use Residential
Gross Income 101000
Accessibility None
County Ramsey
Net Operating Income 94500
Property Type Commercial Sale
Association Amenities Coin-op Laundry Leased
Contingency None
Subdivision Name Birminghams 2nd Add
Directions From White Bear Ave go WEST on 7th St to property.
City Saint Paul
High School District St. Paul
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 9
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 14327
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Paved
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.2
Building Area Total 5000
Lot Dimensions 59x148
Foundation Area 1200
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 1711
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* Excluded Features
List By
Bridge Realty, Llc

Broker

cwbrealty@gmail.com

Email

Affordability Calculator

$7,153
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,959
Monthly Property Taxes
$1,194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2024$995,000 -9.55% Price Down
9/21/2024$1,100,000 -15.06% Price Down
8/7/2024$1,295,000 Listed Price

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1711 7th Street E, Saint Paul, MN, 55106 is a Commercial Property for sale at $995,000 with 5,000 sqft and a lot size of 0.2. 1711 7th Street E was built in 1960. The property's zip code is 55106 which is in Saint Paul, MN