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$ 732,000
Est. payment /mo
Active
1041 Osceola AVE Saint Paul, MN 55105
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Bryants Park Addition, No 4,
MLS Listing ID 7048283
Year Built 1921
Annual Tax Amount $14,114
Tax Year 2025
Contingent None
Lot Dimensions 6940
Property Description
This is a unique opportunity to acquire a well-maintained six-unit apartment building located in the highly desirable Summit Hill neighborhood of Saint Paul, Minnesota. Strong in-place income of
approximately $86,000 annually with a 7.8% cap rate, featuring two newly built units and major recent capital improvements including a brand-new roof and boiler system. The property is ideally positioned near Grand Avenue with convenient access to I-94 and 35W, offering strong rents, low vacancy, and proximity to major retail, restaurants, and transportation corridors. This asset presents an excellent opportunity for both turnkey and long-term value-add investors seeking stable cash flow and long-term appreciation in one of Saint Paul's most established rental markets.
approximately $86,000 annually with a 7.8% cap rate, featuring two newly built units and major recent capital improvements including a brand-new roof and boiler system. The property is ideally positioned near Grand Avenue with convenient access to I-94 and 35W, offering strong rents, low vacancy, and proximity to major retail, restaurants, and transportation corridors. This asset presents an excellent opportunity for both turnkey and long-term value-add investors seeking stable cash flow and long-term appreciation in one of Saint Paul's most established rental markets.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Boiler
Inclusions Building, Land, Leases
Fireplace No
Exterior
Parking Features Unassigned
Utilities Available Electric Common
Present Use Residential
Building
Foundation 3294
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District St. Paul
Listed by Kurt Sauer • Matthews Real Estate Investment Solutions