583 HOLLY AVENUE
583 Holly Avenue, Saint Paul, 55102, MN
-
Price: $1,147,000
-
Status type: For Sale
-
City: Saint Paul
-
Neighborhood: Summit-University
Bedrooms: 0
Property Size :0
-
Listing Agent: NST26013,NST226135
-
Property type : Commercial Sale
-
Zip code: 55102
-
Street: 583 Holly Avenue
-
Street: 583 Holly Avenue
Bathrooms: N/A
Year: 1890
Listing Brokerage: MRG Realty Partners, LLC
DETAILS
This historic 8-unit brownstone in St. Paul’s Summit-University features 7-2 bedroom, and 1-1 bedroom units, each with 10ft+ ceilings, hardwood floors, natural woodwork, split entrances, and original wood details like built-in buffets, beams, cabinets and woodwork. Perfect for the work-from-home investor with separated living/work areas and balconies. Units are spacious and the extra space is commonly used as a 3rd bedroom or office. A sought-after & walkable location near dining and shops, off-street parking creates strong rental demand. Spacious storage in the basement with a partially finished bathroom and coin-operated laundry machines owned by the seller. Investors hedge their risk against utility inflation with tenants having separate meters for Gas & electricity. Tenants pay their own heat and new owners could implement "RUBs" to charge back for water, sewer & trash. Rents are below market and 7/8 tenants are currently MTM giving investors the flexibility to implement their own leases & procedures upon acquisition.
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: ,
Appliances Included:
-
EXTERIOR
Air Conditioning: None
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 3216ft²
Unit Amenities:
-
- Deck
- Balcony
- Ceiling Fan(s)
Heating System:
-
- Boiler
LOT
Acres: N/A
Lot Size Dim.: 50x143
Longitude: 44.9437
Latitude: -93.1248
Zoning: Business/Commercial,Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $24,812
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADITIONAL INFORMATION
MLS#: NST7684422
Listing Brokerage: MRG Realty Partners, LLC
ID: 3500261
Published: March 12, 2025
Last Update: March 12, 2025
Views: 1
