197 Kent Street , Saint Paul, MN 55102

Property Description

Rare opportunity to own a 4-unit investment property in one of Saint Paul's most sought-after neighborhoods. Located in Cathedral Hill, steps from Grand Avenue's premier dining and shopping and Summit Avenue's historic boulevard, this well-maintained building offers a great opportunity. Each unit is individually metered with tenants paying their own gas and electric, keeping operating costs lean. All four units an assigned garage stall. Recent capital improvements include updated kitchens and baths, new HVAC and AC units per unit, new decks installed in 2023, and a replaced roof. Occupied with long-term tenants and a strong rental history. The property's condominium structure also creates potential future upside for individual unit sales. Investors will find it difficult to replicate this combination of location, condition, and cash flow at this price point in the Saint Paul market.