Property Listing
Description
Discover this vibrant 8-unit apartment complex, a gem in the heart of a bustling neighborhood. Located just steps from public transportation and within walking distance to shopping, dining, even McCarrons beach, this property offers an ideal mix of convenience and lifestyle. Property Highlights: • Desirable Unit Features: Each spacious one-bedroom apartment includes generous living areas and select units boast private balconies—perfect for enjoying the outdoors without leaving home. • Convenient On-Site Amenities: Residents benefit from on-site coin-operated laundry facilities and off-street parking, adding to the everyday convenience. • Prime Location: Nestled within walking distance to local eateries, boutiques, and outdoor activities at McCarrons beach, offering tenants an engaging lifestyle right at their doorstep. • Strong Rental Demand: In a high-demand area, this building promises consistent rental income and low vacancy rates. This property not only meets the practical needs of today's renters but also caters to their lifestyle preferences, making it a highly attractive offering in the rental market. Ideal for investors seeking a lucrative opportunity with minimal overhead, this apartment building combines solid construction with a convenient location to ensure a robust return on investment. Capitalize on this rare market opportunity to enhance your real estate portfolio. 1st showing is 1 unit – second showings require at least 24 hour notice as the other units have tenants in them. Sellers also have 2 – 4 plex buildings in Fridley for sale. Check out listing 7027544. Sellers are open to a “package deal” for all 3 buildings.
Property Information
Status: Active
Sub Type: ********
List Price: $999,900
MLS#: 7027426
Current Price: $999,900
Address: 1610 Albemarle Street, Saint Paul, MN 55117
City: Saint Paul
State: MN
Postal Code: 55117
Geo Lat: 44.989687
Geo Lon: -93.106793
Subdivision: Rice Street Villas
County: Ramsey
Property Description
Year Built: 1968
Lot Size SqFt: 12632.4
Gen Tax: 16980
Specials Inst: 0
High School: St. Paul
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Total SqFt.: ********
Style: ********
Total Bedrooms: 7
Total Bathrooms: 8
Total Full Baths: ********
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Garage Stalls: 0
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