953 Desoto St - Apartments FOR SALE


Saint Paul, MN 55130- Payne-Phalen
$599,000 USD
612-562-3773
953 Desoto St, Saint Paul, MN for Sale
$599,000 USD
Apartments - FOR SALE
1/24
null | 3.27% Cap Rate

953 Desoto St
Saint Paul, MN 55130
Payne-Phalen


OVERVIEW

Fully occupied 6-plex on the Eastside with (5) 2-bed & (1) 1-bed units, plus a garage and large lot. Great investment opportunity already producing positive cashflow, with value-add opportunities including adding additional unit(s). This property is a part of the 4D program with the city. Owner pays for gas, water and trash. Tenants currently pay all utilities through a charge-back fee. Questions call Dan O'Brien @ 612-562-3773

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

6

PRICE/UNIT

$99,833

CAP RATE

3.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,621 SF

ZONING

Multi-Family

APN/PARCEL ID

29-29-22-32-0018

ASK ABOUT THIS PROPERTY

Daniel O'BrienThe Stepping Stone GroupMore Info
612-562-3773

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Daniel O'BrienThe Stepping Stone GroupMore Info
612-562-3773

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