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604 Holly Ave 9 Unit Apartment Building $1,025,000 ($113,889/Unit) 7.14% Cap Rate Saint Paul, MN 55102
EXECUTIVE SUMMARY
9 unit nestled in St. Paul’s charming Summit-University neighborhood, 604 Holly Avenue offers a a mix of updated 1 and 2 bedroom apartments with classic appeal and some modern touches. 5 1-br units and 4-2br units. Off-Street parking in back. Just steps from Red Rabbit, Irvine Park, and Grand Avenue’s shops.
PROPERTY FACTS
| Price | $1,025,000 | Building Class | C |
| Price Per Unit | $113,889 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 8,664 SF |
| Cap Rate | 7.14% | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1892 |
| Property Subtype | Apartment | Parking Ratio | 0.57/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Commercial | ||
| Price | $1,025,000 |
| Price Per Unit | $113,889 |
| Sale Type | Investment |
| Cap Rate | 7.14% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,664 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1892 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 01-28-23-23-0103 | Improvements Assessment | $724,900 |
| Land Assessment | $180,000 | Total Assessment | $904,900 |
PROPERTY TAXES
Parcel Number
01-28-23-23-0103
Land Assessment
$180,000
Improvements Assessment
$724,900
Total Assessment
$904,900
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604 Holly Ave
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