Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 651-698-2481
Shown By
Agency Title: Counselor Realty
Agency Phone:
Property Description
991 Wakefield Ave, 991 Hudson Rd, 242 Maria Ave, 49 Manitoba Ave W, 89 Atwater St W, 1003 N. Woodbridge St, 765 Edgerton St, 599 Reaney Ave, 500 Hopkins Ave, 402 Hope St, 947 Minnehaha Ave, 696 Hawthorne Ave, 686 Bradley St, 697 Cook Ave, 856 Burr Ave, 982 Burr Ave, & 732 Jessamine Ave. As a full portfolio, the offering consists of 17 properties and 35 residential units located throughout Saint Paul. All properties participate in the NSP program with affordability covenants in place through August 2028, providing stable, AMI-based income at 50% AMI with a clear path to increased rents at 60% AMI upon program maturity. The portfolio is comprised primarily of duplex-style assets with larger unit configurations, strong occupancy history, and consistent cash flow. Operational advantages include reduced property taxes through 4D classification and exemption from Saint Paul rent stabilization enforcement. Ideal for investors seeking predictable income, operational stability, and long-term upside through structured rent growth & scalable acquisition opportunities.
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402 Hope Street , Saint Paul, MN 55106
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402 Hope Street , Saint Paul, MN 55106
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402 Hope Street , Saint Paul, MN 55106.
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402 Hope Street | MLS# 7069580
This commercial property located at 402 Hope Street , Saint Paul, MN 55106 is currently listed for sale with an asking price of $5,525,000. Hope Street is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealty.com today.