For Sale: Maplewood MLS# 6731908
Active
NEW!
$925,000
Commercial: Apartments
Built 1962
0.49 acres
North St Paul-Maplewood schools
MLS# 6731908
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Property Description
Well-Maintained All-Brick 7-Unit Apartment in Prime Location. Longtime ownership and pride of maintenance are evident in this solid complex. Ideally located in a highly desirable location with easy access to freeways, parks and bus line. The property features a balanced unit mix with four 1-bedroom units and three 2-bedroom units, appealing to a variety of tenants. Additional amenities include a dedicated laundry room with coin-operated machines and individual storage spaces, providing added convenience and value. Situated on a double lot, the property offers off-street parking with a private lot for tenants. This is an excellent opportunity to expand your investment portfolio or start your journey as a real estate investor. The building is in very good condition, offering stability and long-term potential in a strong rental market.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$925,000
Property Type:
Commercial
City:
Maplewood
Garage Spaces:
0
County:
Ramsey
Year Built:
1962
State:
MN
Property Style:
Apartments
Zip Code:
55109
Subdivision Name:
Gladstone 2, , Ramsey Co,
Interior
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Dishwasher
- Range
- Refrigerator
Basement Details:
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
10
Air Conditioning:
Window Unit(s)
Foundation Size:
2,997 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Parking Lot
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
Natural Woodwork
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Asphalt
Lot & Land
Acres:
0.49
Geolocation:
44.99887, -93.040209
Inclusions:
Building, Land
Lot Dimensions:
157 x 135
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Many Trees
Schools
School District:
622
District Phone:
651-748-7410
Expenses
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$14,786
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,786
Income
Annual Gross Income:
$90,300
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.