Property Listing
Description
Rare opportunity to own a 4-unit investment property in one of Saint Paul's most sought-after neighborhoods. Located in Cathedral Hill, steps from Grand Avenue's premier dining and shopping and Summit Avenue's historic boulevard, this well-maintained building offers a great opportunity. Each unit is individually metered with tenants paying their own gas and electric, keeping operating costs lean. All four units an assigned garage stall. Recent capital improvements include updated kitchens and baths, new HVAC and AC units per unit, new decks installed in 2023, and a replaced roof. Occupied with long-term tenants and a strong rental history. The property's condominium structure also creates potential future upside for individual unit sales. Investors will find it difficult to replicate this combination of location, condition, and cash flow at this price point in the Saint Paul market.
Property Information
Status: Active
Sub Type: ********
List Price: $995,000
MLS#: 7086068
Current Price: $995,000
Address: 197 Kent Street, Saint Paul, MN 55102
City: Saint Paul
State: MN
Postal Code: 55102
Geo Lat: 44.947135
Geo Lon: -93.124011
Subdivision: Cic 401 Kent House Condo
County: Ramsey
Property Description
Year Built: 1889
Lot Size SqFt: 8276.4
Gen Tax: 4946
Specials Inst: 0
High School: St. Paul
Square Ft. Source:
Above Grade Finished Area: 4748
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 5068
Style: Array
Total Bedrooms: 8
Total Bathrooms: 7
Total Full Baths:
Garage Type:
Garage Stalls: 4
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: