For Sale: North Saint Paul MLS# 7016429
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Property Description
Division Street Apartments is a 21-unit investment opportunity comprised of three 7-unit buildings in a prime North Saint Paul location. All units are 1-bedroom layouts , strong upside potential as in-place rents are below market. The property features new 2025 pitched shingle roofs, boiler heat, 18 on-site parking spaces, and owned laundry with no charge to tenants. Conveniently located near Silver Lake Park, shopping, dining, and major highways.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,890,000
Property Type:
Commercial
City:
North Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1958
State:
MN
Property Style:
Other
Zip Code:
55109
Exterior
Garage Spaces:
0
Garage Size:
1 ft2
Foundation Size:
12,864 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Parking Lot
Lot & Land
Acres:
0.599
Geolocation:
45.02094, -92.985005
Inclusions:
Building, Leases
Lot Dimensions:
Irregular
Addl Parcels:
122922110006, 122922110005
Zoning:
Residential-Multi-Family
Schools
School District:
2093
District Phone:
6517487410
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$35,772
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$35,772
Units
Total Units:
21
Miscellaneous
Current Use:
- Commercial
- Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Available Utilities:
Electric Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.