1179 7TH STREET

1179 7th Street, Saint Paul, 55106, MN

FEATURES

DETAILS

THE RED MILL APARTMENTS LOCATED IN THE HEART OF SAINT PAUL IS CLOSE TO DOWNTOWN AND THE SUBURBS OF OAKDALE, WOODBURY & MAPLEWOOD. EASY ACCESS TO HIGHWAYS 94 & 494. ORIGINALLY BUILT IN 1889 AND NEWLY RENOVATED AND EXPANDED IN 2022, THIS MULTI-FAMILY ASSET OFFERS RESIDENTS LARGE 1-BD, 2-BD, 3-BD, & 4-BEDROOM UNITS DESIGNED FOR MODERN LIVING! NEWER WINDOWS, TALL CEILINGS, AND IN-UNIT WASHER AND DRYERS. EACH APARTMENT FEATURES STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, AMPLE CLOSET SPACE, IN-UNIT LAUNDRY, AND SELF-CONTROLLED HIGH-EFFICIENCY HEATING AND AIR CONDITIONING. WITH CONTROLLED ACCESS ENTRY, SECURITY CAMERAS IN COMMON AREAS, AND OFF-STREET PARKING, RED MILL APARTMENTS IS A SAFE AND QUIET PLACE TO CALL HOME!! CLOSE TO TONS OF SHOPPING, SCHOOLS, PLAYGROUNDS, AND ENTERTAINMENT VENUES. PROFESSIONALLY MANAGED WITH THE POSSIBILITY TO RETAIN THEM FOR FULL MANAGEMENT DUTIES. VERY STABLE, FULLY OCCUPIED, AND IN TURN KEY CONDITION!! THIS PROPERTY MAKES FOR THE PERFECT 1031 EXCHANGE OUT OF A SMALLER ASSET!! CURRENT IN-PLACE NET OPERATING INCOME $88,604+

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: N/A

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: N/A

  • Basement Details: Full,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: Central Air

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 5723ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: 60 x 150

  • Longitude: 44.9669

  • Latitude: -93.0505

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2024

  • Tax annual amount: $26,076

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7660320

  • Listing Brokerage: Apartment Cash Flow, Inc. Agency Icon

ID: 3438479
Published: October 10, 2024
Last Update: October 10, 2024
Views: 22