1485 Portland Ave - Apartments FOR SALE
Saint Paul, MN 55104 |
1485 Portland Ave
Saint Paul, MN 55104
HIGHLIGHTS
- Nestled on tree-lined street in one of St. Paul's best areas, this 5-unit apartment building beams old-world charm. New rubber roof 2007 (40 years).
- All-brick complex w/ all-brick 4-car detached garage, has been owner-occupied and cared for since 1988. Current rents are undervalued, 2 units vacant.
- Close to the Mississippi River and just steps from St. Paul’s beloved Summit and Grand Avenues, this ideal location is both convenient and scenic.
- Original woodwork and most units have hardwood floors throughout along with coffered ceilings and built-in wall buffets. New boiler 2018.
- 4 of the 5 units have the same spacious floor plan w/ 2 bedrooms, and a full bath. Feature 9’ ceilings, window-filled walls, and plenty of storage.
- More private storage in the basement along with shared laundry and a workshop. Out back, enjoy space to gather, garden, or grill.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8400
STORIES
2
YEAR BUILT
1922
PARKING SPACES
4
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
03-28-23-23-0051
