1179 7th ST E Active

Saint Paul,MN 55106

$ 1250000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision J W Bass Sub L14-15 & Pt L13

MLS Listing ID 6615249

Year Built 1889

Annual Tax Amount $26,076

Tax Year 2024

Contingent None

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 60 x 150

Property Description

THE RED MILL APARTMENTS LOCATED IN THE HEART OF SAINT PAUL IS CLOSE TO DOWNTOWN AND THE SUBURBS OF OAKDALE, WOODBURY & MAPLEWOOD. EASY ACCESS TO HIGHWAYS 94 & 494. ORIGINALLY BUILT IN 1889 AND NEWLY RENOVATED AND EXPANDED IN 2022, THIS MULTI-FAMILY ASSET OFFERS RESIDENTS LARGE 1-BD, 2-BD, 3-BD, & 4-BEDROOM UNITS DESIGNED FOR MODERN LIVING! NEWER WINDOWS, TALL CEILINGS, AND IN-UNIT WASHER AND DRYERS. EACH APARTMENT FEATURES STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, AMPLE CLOSET SPACE, IN-UNIT LAUNDRY, AND SELF-CONTROLLED HIGH-EFFICIENCY HEATING AND AIR CONDITIONING. WITH CONTROLLED ACCESS ENTRY, SECURITY CAMERAS IN COMMON AREAS, AND OFF-STREET PARKING, RED MILL APARTMENTS IS A SAFE AND QUIET PLACE TO CALL HOME!! CLOSE TO TONS OF SHOPPING, SCHOOLS, PLAYGROUNDS, AND ENTERTAINMENT VENUES. PROFESSIONALLY MANAGED WITH THE POSSIBILITY TO RETAIN THEM FOR FULL MANAGEMENT DUTIES. VERY STABLE, FULLY OCCUPIED, AND IN TURN KEY CONDITION!! THIS PROPERTY MAKES FOR THE PERFECT 1031 EXCHANGE OUT OF A SMALLER ASSET!! CURRENT IN-PLACE NET OPERATING INCOME $88,604+

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building,Land,Leases,Rental License

Fireplace No

Appliance Dishwasher,Range,Refrigerator

Exterior

Garage Paved

Utilities Available Electric Separate,Heating Separate,Hot Water Separate

Roof Type Age 8 Years or Less,Flat

Present Use Residential

Parking Type Paved

Building

Lot Description Corner Lot

Story Two

Foundation 5723

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

Schools

School District St. Paul

Others

Special Listing Condition Real Estate Owned

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