1082 Payne Avenue, Saint Paul, 55130, MN
Price: $330,000
Status type: For Sale
City: Saint Paul
Neighborhood: Payne-Phalen
Bedrooms: 0
Property Size :0
Listing Agent: NST16683,NST83874
Property type : Mixed Use
Zip code: 55130
Street: 1082 Payne Avenue
Street: 1082 Payne Avenue
Bathrooms: N/A
Year: 1900
Listing Brokerage: RE/MAX Results
Mixed-use commercial/apartment 3-unit fully leased with 7.63% cap. Roof, floor, range, microwave, and refrigerator were new in 2020. Two apartment tenants: 2 bedrooms and a studio with an attached garage. Studio tenant with an attached garage pays $1,100/mo and is on a month to month lease. The two-bedroom tenant has a lease to 3-31-2023 and pays $1,050/mo rent. The commercial tenant pays $1,236/mo to 12-31-2022 plus an option to renew to 12-31-2025 with increase in rent. Apartment tenants pay for their electricity. For the commercial tenant, the landlord pays gas, electricity, water, and trash. The commercial tenant has been leasing the space since 1996. One gas meter and one water meter. The commercial tenant maintains the boiler.
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
Basement Details: ,
Appliances Included:
Air Conditioning: N/A
Garage Spaces: 1
Construction Materials: N/A
Foundation Size: 2400ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 0x0
Longitude: 44.974
Latitude: -93.0732
Zoning: Business/Commercial
Tax year: 2021
Tax annual amount: $5,380
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST6180379
Listing Brokerage: RE/MAX Results