Log In/Sign Up
Your email has been sent.
606 Dayton Ave Apartments 606 Dayton Ave 5 Unit Apartment Building $569,000 ($113,800/Unit) Saint Paul, MN 55102
INVESTMENT HIGHLIGHTS
- Roof & Flashing - 2010-2011
- Electric Water Heater - 2019
- Electrical Panels Updated - 2015
- Boiler - 2025
- Drainage Plumbing Updates - 2013
EXECUTIVE SUMMARY
For more information visit:
https://606daytonavenueapartments.sharplaunch.com
606 Dayton Avenue offers a rare opportunity to acquire a historic 5-unit property in St. Paul’s Summit-University neighborhood.
Originally built as a large single-family residence, the building features spacious units with many preserved original details. A new owner could re-open the first floor and convert the property back to a spacious 4-plex.
Improvements include flooring, countertops, appliances (4/5 have dishwashers) to increase desirability. Boiler, water heaters, electrical and plumbing have all been upgraded in the past 10-15 years.
Units are spacious with plenty of sunlight from the windows and almost all have been refreshed in the past 10 years.
Unit #5 is the caretaker who handles taking trash to the curb, lawn care, and snow removal.
Tenants pay their own electric. Most units are on month-to-month leases, giving new ownership the ability to increase income and implement new management procedures.
Off-street parking is available and could be monetized upon renewal. The garage has been used for owner storage and new owners can repair or rebuild on the current structure to create more parking & income streams.
The property sits just steps from popular restaurants, shops, and public transit options along Selby and Dale.
https://606daytonavenueapartments.sharplaunch.com
606 Dayton Avenue offers a rare opportunity to acquire a historic 5-unit property in St. Paul’s Summit-University neighborhood.
Originally built as a large single-family residence, the building features spacious units with many preserved original details. A new owner could re-open the first floor and convert the property back to a spacious 4-plex.
Improvements include flooring, countertops, appliances (4/5 have dishwashers) to increase desirability. Boiler, water heaters, electrical and plumbing have all been upgraded in the past 10-15 years.
Units are spacious with plenty of sunlight from the windows and almost all have been refreshed in the past 10 years.
Unit #5 is the caretaker who handles taking trash to the curb, lawn care, and snow removal.
Tenants pay their own electric. Most units are on month-to-month leases, giving new ownership the ability to increase income and implement new management procedures.
Off-street parking is available and could be monetized upon renewal. The garage has been used for owner storage and new owners can repair or rebuild on the current structure to create more parking & income streams.
The property sits just steps from popular restaurants, shops, and public transit options along Selby and Dale.
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $569,000 | Apartment Style | Low-Rise |
| Price Per Unit | $113,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Sale Condition | 1031 Exchange | Building Size | 5,970 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1890/2010 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Zoning | H2 | ||
| Price | $569,000 |
| Price Per Unit | $113,800 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,970 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2010 |
| Parking Ratio | 0.5/1,000 SF |
| Zoning | H2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,120 | 650 - 925 |
| Studios | 1 | $795.00 | 450 |
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 01-28-23-22-0063 | Total Assessment | $625,900 |
| Land Assessment | $100,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $525,900 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
01-28-23-22-0063
Land Assessment
$100,000
Improvements Assessment
$525,900
Total Assessment
$625,900
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 36
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
606 Dayton Ave Apartments | 606 Dayton Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.