Property Listing
Description
This historic 8-unit brownstone in St. Paul’s Summit-University features 7-2 bedroom, and 1-1 bedroom units, each with 10ft+ ceilings, hardwood floors, natural woodwork, split entrances, and original wood details like built-in buffets, beams, cabinets and woodwork. Perfect for the work-from-home investor with separated living/work areas and balconies. Units are spacious and the extra space is commonly used as a 3rd bedroom or office. A sought-after & walkable location near dining and shops, off-street parking creates strong rental demand. Spacious storage in the basement with a partially finished bathroom and coin-operated laundry machines owned by the seller. Investors hedge their risk against utility inflation with tenants having separate meters for Gas & electricity. Tenants pay their own heat and new owners could implement "RUBs" to charge back for water, sewer & trash. Rents are below market and some tenants are currently MTM giving investors the flexibility to implement their own leases & procedures post acquisition.
Property Information
Status: Active
Sub Type: ********
List Price: $1,147,000
MLS#: 6642470
Current Price: $1,147,000
Address: 583 Holly Avenue, Saint Paul, MN 55102
City: Saint Paul
State: MN
Postal Code: 55102
Geo Lat: 44.943671
Geo Lon: -93.124771
Subdivision: Woodland Park Addition, To St
County: Ramsey
Property Description
Year Built: 1890
Lot Size SqFt: 6969.6
Gen Tax: 25768
Specials Inst: 0
High School: ********
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Total SqFt.: ********
Style: ********
Total Bedrooms: 15
Total Bathrooms: 8
Total Full Baths: ********
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Garage Stalls: 0
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Property Features
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