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280 Winifred St W
Saint Paul, MN 55107
Multifamily Property For Sale
·
6 Units
Executive Summary
Six-unit multifamily investment property in the West Side neighborhood of
Saint Paul, MN. Solid brick and frame construction, 5,460 sq ft above grade
on an irregular 6,011 sq ft lot. Built 1964 with comprehensive unit
renovations in 2022: luxury vinyl plank flooring and updated kitchens and
bathrooms throughout all six units. Building has 2 new water heaters
approximately 1 year ago.
Unit mix: one 1-bedroom/1-bath and five 2-bedroom/1-bath apartments. Hot
water boiler, natural gas. Washer and Dryer are owned. Rent includes a fee
for laundry and each unit is assigned its own day to do their laundry. Off
street paved parking. Electronic keypad entry and security cameras
throughout. Each unit has electronic entry as well.
Saint Paul, MN. Solid brick and frame construction, 5,460 sq ft above grade
on an irregular 6,011 sq ft lot. Built 1964 with comprehensive unit
renovations in 2022: luxury vinyl plank flooring and updated kitchens and
bathrooms throughout all six units. Building has 2 new water heaters
approximately 1 year ago.
Unit mix: one 1-bedroom/1-bath and five 2-bedroom/1-bath apartments. Hot
water boiler, natural gas. Washer and Dryer are owned. Rent includes a fee
for laundry and each unit is assigned its own day to do their laundry. Off
street paved parking. Electronic keypad entry and security cameras
throughout. Each unit has electronic entry as well.
Property Facts
| Price Per Unit | $127,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 8.59% | Building Size | 5,391 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2.78/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RM2 - Medium-Density Multiple-Family Residential | ||
| Price Per Unit | $127,500 |
| Sale Type | Investment |
| Cap Rate | 8.59% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,391 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 2.78/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM2 - Medium-Density Multiple-Family Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Wi-Fi
Site Amenities
- Controlled Access
- Laundry Facilities
- Wi-Fi
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | 07-28-22-21-0021 | Improvements Assessment | $375,900 |
| Land Assessment | $120,000 | Total Assessment | $495,900 |
Property Taxes
Parcel Number
07-28-22-21-0021
Land Assessment
$120,000
Improvements Assessment
$375,900
Total Assessment
$495,900
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