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$ 720,000
Est. payment /mo
New
1562 Edmund AVE Saint Paul, MN 55104
8 Beds
8 Baths
6,403 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Hamline Syndicate Add, No3
MLS Listing ID 7105205
Bedrooms 8
Year Built 1913
Annual Tax Amount $12,016
Tax Year 2025
Contingent None
Lot Size 6,403 Sqft
Lot Dimensions 60x122x57x118
Property Description
1562 Edmund Avenue presents a premier opportunity to acquire a fully occupied, turnkey 8-unit apartment community situated in the heart of St. Paul's vibrant Hamline-Midway neighborhood. Offered at an accessible price point of $720,000 ($90,000/unit), this classic asset delivers immediate, stable cash flow from day one, serving as an ideal vehicle for both private capital investors seeking reliable yield and seasoned operators looking to expand their Twin Cities footprint.
This building features highly functional, easy-to-manage layouts that are perpetually in high demand. Tenants benefit from on-site, coin-operated laundry infrastructure located in the basement, while landlord expenses are streamlined by efficient utility structures. Each tenant has their own electric and gas meters.
This building features highly functional, easy-to-manage layouts that are perpetually in high demand. Tenants benefit from on-site, coin-operated laundry infrastructure located in the basement, while landlord expenses are streamlined by efficient utility structures. Each tenant has their own electric and gas meters.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Boiler, Other
Inclusions Building, Leases
Fireplace No
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Common
Roof Type Asphalt,Flat,Pitched
Present Use Residential
Building
Story Two
Foundation 1456
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District St. Paul
Listed by Alexandra Haider • Financially Free, LLC
NEARBY SCHOOLS & PROPERTIES
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