Homes for sale - 503 Ohio ST, Saint Paul, MN 55107

Additional details

Josh Berglund

josh.berglund@iheartexit.com +1(701) 740-5256

$1,695,000

Est. payment - /mo

0.41 Acres Lot

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Key Details

Property Type Condo, Commercial

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Dawsons Add

MLS Listing ID 6800418

Year Built 1968

Annual Tax Amount $30,606

Tax Year 2025

Contingent None

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 100 x 200

Property Sub-Type Apartment

Property Description

Ohio Apartments offers a new owner a turn-key investment opportunity with 15 well-appointed units plus 8 garages. The unit mix consists of 8 two-bedroom, 1 bath and 7 one-bedroom, 1 bath apartments spread out over three full stories built in 1968. Charming curb appeal with the brick exterior in great condition, newer vinyl double pane windows, newer gutter downspouts and roof facia, plus a decorative black front entrance awning. This apartment complex is resting on almost a half acre and nicely landscaped with a newer asphalt parking lot and an attractive retaining wall. All but one of the apartments has been renovated with luxury vinyl plank flooring, new kitchen cabinets and hardware, quartz countertops, stainless steel energy efficient appliance package including dishwashers, carpet in bedrooms, and ceiling fans. The building has received newer vinyl replacement windows throughout and the common spaces were recently carpeted and freshly painted. The laundry room has been remodeled and offers tenants coin-operated speed queen washers and dryers with credit card readers. This asset is definately in above average condition and would make the perfect 1031 tax exchange purchase or syndication. Very low historical vacancy and super easy to rent being close to downtown Saint Paul, MN, West St.Paul and Mendota Heights, MN. Two blocks from Cherokee Park and the high bridge.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Finished, Full

Interior

Heating Boiler

Cooling Wall Unit(s)

Inclusions Building, Land, Leases, Rental License

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Exterior

Parking Features Parking Lot

Garage Spaces 8.0

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat

Present Use Residential

Building

Lot Description Corner Lot, Some Trees

Story Three Or More

Foundation 4500

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District St. Paul

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Listed by Nathan Opatz • Apartment Cash Flow, Inc.

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Josh Berglund

+1(701) 740-5256

Agent | License ID: 40694648

Agent License ID: 40694648

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503 Ohio ST Saint Paul, MN 55107

Josh Berglund

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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