1220 Selby Ave - Apartments FOR SALE


Saint Paul, MN 55104
$899,900 USD
612-405-2717
1220 Selby Ave, Saint Paul, MN for Sale
$899,900 USD
Apartments - FOR SALE
1/15
null | 6.09% Cap Rate

1220 Selby Ave
Saint Paul, MN 55104


OVERVIEW

Updated centrally located Summit Hill 6-plex with nice units, including five 2BR's and one 1BR, one bath units with four units having balconies. In a nice St. Paul area just down the street from restaurants, shops and near Grand Ave/Summit Ave. Never a vacancy and fully rented with leases in place. Building updates include Full New Parking Lot, New LPSmart Siding-Soffit/Facia, New Security Door, "Owned" Wireless Credit Card Laundry Machines, Camera System, Efficient Tekmar Boiler Controller W/Mixing Valve, Lockout Thermostats and numerous upgrades of different levels in most all of the units and Kitchens. Rents are most likely below market, so there is potential in this turnkey building.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$180 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,983

CAP RATE

6.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

03-28-23-12-0112

ASK ABOUT THIS PROPERTY

Andrew SongleRayder Realty GroupMore Info
612-405-2717

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Andrew SongleRayder Realty GroupMore Info
612-405-2717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.