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$ 1,075,000
Est. payment | /mo
0.29 Acres Lot
$ 1,075,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Rice Street Villas
MLS Listing ID 6755680
Year Built 1968
Annual Tax Amount $14,418
Tax Year 2024
Contingent None
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 123 x 100
Property Sub-Type Apartment
Property Description
Discover the potential of this vibrant 8-unit apartment complex, a gem in the heart of a bustling neighborhood, perfectly poised to attract great tenants. Located just steps from public transportation and within walking distance to shopping, dining, even McCarrons beach, this property offers an ideal mix of convenience and lifestyle.
Property Highlights:
• Desirable Unit Features: Each spacious one-bedroom apartment includes generous living areas and select units boast private balconies—perfect for enjoying the outdoors without leaving home.
• Convenient On-Site Amenities: Residents benefit from on-site coin-operated laundry facilities and off-street parking, adding to the everyday convenience.
• Prime Location: Nestled within walking distance to local eateries, boutiques, and outdoor activities at McCarrons beach, offering tenants an engaging lifestyle right at their doorstep.
• Strong Rental Demand: In a high-demand area, this building promises consistent rental income and low vacancy rates.
This property not only meets the practical needs of today's renters but also caters to their lifestyle preferences, making it a highly attractive offering in the rental market. Ideal for investors seeking a lucrative opportunity with minimal overhead, this apartment building combines solid construction with an convienent location to ensure a robust return on investment.
Capitalize on this rare market opportunity to enhance your real estate portfolio.
Property Highlights:
• Desirable Unit Features: Each spacious one-bedroom apartment includes generous living areas and select units boast private balconies—perfect for enjoying the outdoors without leaving home.
• Convenient On-Site Amenities: Residents benefit from on-site coin-operated laundry facilities and off-street parking, adding to the everyday convenience.
• Prime Location: Nestled within walking distance to local eateries, boutiques, and outdoor activities at McCarrons beach, offering tenants an engaging lifestyle right at their doorstep.
• Strong Rental Demand: In a high-demand area, this building promises consistent rental income and low vacancy rates.
This property not only meets the practical needs of today's renters but also caters to their lifestyle preferences, making it a highly attractive offering in the rental market. Ideal for investors seeking a lucrative opportunity with minimal overhead, this apartment building combines solid construction with an convienent location to ensure a robust return on investment.
Capitalize on this rare market opportunity to enhance your real estate portfolio.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Boiler
Cooling Wall Unit(s)
Inclusions Building
Fireplace No
Exterior
Parking Features Paved
Utilities Available Electric Separate, Heating Common
Roof Type Age 8 Years or Less
Present Use Residential
Building
Story Two
Foundation 2993
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District St. Paul
Listed by Maureen McGarry • Investors Realty MN