CONTRACT FOR DEED AVAILABLE - ASK NATE FOR DETAILS
Contact Nate Schammel for more property information, financials and tours.
651-955-4255
nate@mrgrealtypartners.com
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583 Holly Ave features 8 units in St. Paul’s Summit University with seven 2 bedroom units and one 1 bedroom unit.
Most units have extra space commonly used as 3rd bedrooms, a work-from-home office, or den.
These classic layouts have unique high ceilings, original woodwork, built in cabinetry, flexible layouts, and balconies in front & back.
The desirable location is easy to walk / bike for tenants to many shops & restaurants nearby. Off-street parking is offered and there’s potential to charge the tenants for parking upon lease renewals.
Tenants pay their own gas and electric. New ownership could maximize long term cashflow and reduce utility inflation by charging tenants for water, sewer and trash.
Rents are below market and most units are MTM giving investors the flexibility to implement their own leases & procedures upon acquisition.