Active

1179 7th Street E

Saint Paul MN, 55106

$1,250,000


$109.20 per sqft

Active

11,447 sqft

Commercial

Built in 1889

THE RED MILL APARTMENTS LOCATED IN THE HEART OF SAINT PAUL IS CLOSE TO DOWNTOWN AND THE SUBURBS OF OAKDALE, WOODBURY & MAPLEWOOD. EASY ACCESS TO HIGHWAYS 94 & 494. ORIGINALLY BUILT IN 1889 AND NEWLY RENOVATED AND EXPANDED IN 2022, THIS MULTI-FAMILY ASSET OFFERS RESIDENTS LARGE 1-BD, 2-BD, 3-BD, & 4-BEDROOM UNITS DESIGNED FOR MODERN LIVING! NEWER WINDOWS, TALL CEILINGS, AND IN-UNIT WASHER AND DRYERS. EACH APARTMENT FEATURES STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, AMPLE CLOSET SPACE, IN-UNIT LAUNDRY, AND SELF-CONTROLLED HIGH-EFFICIENCY HEATING AND AIR CONDITIONING. WITH CONTROLLED ACCESS ENTRY, SECURITY CAMERAS IN COMMON AREAS, AND OFF-STREET PARKING, RED MILL APARTMENTS IS A SAFE AND QUIET PLACE TO CALL HOME!! CLOSE TO TONS OF SHOPPING, SCHOOLS, PLAYGROUNDS, AND ENTERTAINMENT VENUES. PROFESSIONALLY MANAGED WITH THE POSSIBILITY TO RETAIN THEM FOR FULL MANAGEMENT DUTIES. VERY STABLE, FULLY OCCUPIED, AND IN TURN KEY CONDITION!! THIS PROPERTY MAKES FOR THE PERFECT 1031 EXCHANGE OUT OF A SMALLER ASSET!! CURRENT IN-PLACE NET OPERATING INCOME $88,604+

6615249

MLS ID

October 10, 2024

Listed

October 10, 2024

Updated

Map

1179 7th Street E
Saint Paul MN, 55106

Interior Features

Total Stories

2


Appliances

Dishwasher, Range, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Corner Lot


Roof

Age 8 Years or Less, Flat


Sewer

City Sewer/Connected

School Information

School District

St. Paul

Other Property Details

Taxes

$26,076


Tax Frequency

Annually


Garage

No


Parking

Paved


View

No


County

Ramsey


Water Source

City Water/Connected


Pool

No

 

Courtesy of Apartment Cash Flow, Inc.

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor David Brandner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Northstar MLS. All rights reserved. 

Data last updated 4:10 PM UTC, 10/10/2024

Powered byLuxury Presence