This property is Off-Market

1610 Charles Avenue
Saint Paul, MN 55104 ·

10 Units · Multifamily For Sale

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CHARLES AVENUE APTS.

Price N/A Gross Rent Multiplier 7.85
No. Units 10 Occupancy 100%
Building Size 9,120 SF No. Stories 2
Property Type Multifamily Year Built 1925
Property Sub-type Garden/Low-Rise Lot Size 0.22 AC
Property Use Type Investment APN / Parcel ID 33-29-23-14-0065
Cap Rate 7.91%
Listing ID: 17980319 Date Created: 01/14/2013 Last Updated: 03/12/2013

Description

CHARLES AVE. APARTMENTS IS A WELL MANAGED TURN-KEY APT. ASSET LOCATED IN THE DESIRABLE MIDWAY NEIGHBORHOOD OF ST. PAUL, MN. PROPERTY FEATURES MANY HISTORIC FEATURES AND WOODWORK. VERY LARGE UNITS. AVERAGE SIZE OF UNITES ARE 670-678 SQFT. ALL MECHANICALS, WINDOWS AND ROOFING HAVE BEEN REPLACED SINCE 1998

LOCATED IN THE MIDWAY NEIGHBORHOOD OF ST. PAUL. MINUTES FROM HWY. 94 IN BETWEEN DOWNTOWN MPLS AND ST. PAUL! WALKING DISTANCE FROM HAMLINE UNIVERSITY AND THE NEW UNIVERSITY LIGHTRAIL TRANSIT! OTHER COLLEGES NEARBY INCLUDE CONDCORDIA, ST THOMAS AND MACALASTER. HWY 51 (SNELLING AVE) IS A HALF A BLOCK AWAY.

Highlights

  • 100 % Occupied!!
  • Flat Roof Was Replaced in 1998!!
  • New Vinyl, Double Insulated, Slider Windows
  • Above Market Size Units

Research

1610 Charles Avenue, Saint Paul, MN 55104 (Ramsey County)

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