1715 Thomas Ave - Apartments FOR SALE


Saint Paul, MN 55104- Hamline-Midway
$1,500,000 USD
651-263-3653
1715 Thomas Ave, Saint Paul, MN for Sale
$1,500,000 USD
Apartments - FOR SALE
1/22
null | 6.71% Cap Rate

1715 Thomas Ave
Saint Paul, MN 55104
Hamline-Midway


HIGHLIGHTS

  • Newer Pitched Shingled Roofs
  • Renovated Laundry rooms with brand new speed queen washers and dryers

OVERVIEW

14-units located right in the heart of the Midway neighborhood of Saint Paul, MN. Two identical seven-unit buildings next to each other offer all one-bedroom, one bath apartments with plenty of charm and character plus off-street parking. These properties are very well-maintained with newer commercial grade carpet and freshly painted walls throughout the common spaces and two renovated laundry rooms for residents to use and enjoy! All the top floor units feature solid oak hardwood floors! Each apartment includes unique and built-in bookcases that help separate the living rooms from the kitchens. The pitched roofs have been recently replaced and the freshly painted exterior stucco is low maintenance. Outside has plenty of green space around the buildings and in between and the back parking lot includes 13 off-street parking spaces. The buildings are secure, 100% fully occupied and easy to rent being close to both downtown Minneapolis and Saint Paul, MN and walking distance to the Minnesota United’s Allianz Field. Super clean and turn-key!!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

14

PRICE/UNIT

$107,143

CAP RATE

6.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Thomas 14 Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

Multi-Family

APN/PARCEL ID

33-29-23-12-0107,33-29-23-12-0108

ASK ABOUT THIS PROPERTY

Nathan OpatzApartment Cash Flow, IncMore Info
651-263-3653

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Nathan OpatzApartment Cash Flow, IncMore Info
651-263-3653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.