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Property Description
Edmund apartments presents a unique opportunity to buy with seller financing. Achieve a higher return on your investment by structuring a deal that works for you. This property features one building with three single car detached garages bringing in extra income. All units are fully occupied featuring eight 1-bedroom and 1-bath apartments. In the rear is a detached garage that comes with the sale and was built in 1913. Total square footage is 6,556 over two floors. Current in-place rents are $939.12 per month for the one bedrooms. Onsite coin laundry and extra storage lockers in the basement. All apartments feature hardwood floors, tall ceilings and loads of original trim and doors. Roof was replaced in 2022. Hot water boiler was replaced in 2015. The same ownership group also is offering a 9-unit for $725,000 located next door to the south at 1563 Charles Ave that can also be purchase on a contract for deed. Terms negotiable.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Garage: 3
Heating: Boiler, Hot Water
Lot Size: 0.15 Acres
Roof Type: Age 8 Years or Less, Flat
Stories: 2.0
Taxes: $12,342
Year Built: 1913
Feature Descriptions
Appliances: Range, Refrigerator
Basement: Block, Full, Storage/Locker, Unfinished
Current Use: Residential
Days on Site: 4
Exterior: Concrete
Foundation Size: 3000
Lot Dimensions: 50 x 130
Parcel#: 342923230150
Parking: Detached Garage
Road Frontage: City Street
Sale Includes: Building, Land, Leases, Rental License
Sewer: City Sewer/Connected
Units: 8
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected
Local Schools
School District: St. Paul
Listed By / Shown By
Listed By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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1562 Edmund Avenue | MLS# 7154979
This commercial property located at 1562 Edmund Avenue , Saint Paul, MN 55104 is currently listed for sale with an asking price of $650,000. Edmund Avenue is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealty.com today.