Solid 11 unit apartment building with a master lease that has management in place. Lease term goes until 4-1-2021 with 2-2 year extension options. Over a 7 cap with almost no owner management is perfect for the investor who wants to be more hands off. New boiler and water heaters within the past 3 years.
MLS# | 5678601 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1959 |
Days On Site | 92 |
Area Information | |
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State | MN |
County | Ramsey |
City | Saint Paul |
Zip Code | 55103 |
Listing VS Median (in 55103) | |
Price: $1,050,000 low | high Med: $292,500 On Site: 92 low | high Med: 17.500000 |