1922 Wilson AVE, Saint Paul, MN 55119 - MLS#6590645

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Brandon Anderson

brandon@brandonanderson.com +1(612) 490-0638

$3,000,000

Est. payment - /mo

0.73 Acres Lot

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UPDATED:

09/07/2024 02:04 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Hudson Road Gardens

MLS Listing ID 6590645

Year Built 2021

Annual Tax Amount $43,896

Tax Year 2024

Contingent None

Lot Size 0.730 Acres

Acres 0.73

Lot Dimensions 175 X 175

Property Description

THE EASTVIEW 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. NEWLY CONSTRUCTED IN 2021, THIS MULTI-FAMILY ASSET OFFERS RESIDENTS LARGE THREE-BEDROOM, TWO BATHROOM UNITS DESIGNED FOR MODERN LIVING! EACH UNIT IS APPROXIMATELY 1,541 SQFT AND FEATURES STAINLESS STEEL APPLIANCES, QUARTZ COUNTERTOPS, AMPLE CLOSET SPACE, AND SELF-CONTROLLED HIGH-EFFICIENCY HEATING AND AIR CONDITIONING. WITH CONTROLLED ACCESS ENTRY, SECURITY CAMERAS IN COMMON AREAS, AND OFF-STREET PARKING, EASTVIEW APARTMENTS ENSURES A SECURE AND STRESS-FREE RENTING EXPERIENCE FOR ITS RESIDENTS. CLOSE TO TONS OF SHOPPING, SCHOOLS, PLAYGROUNDS, ENTERTAINMENT VENUES, AND THE CONWAY RECREATION CENTER. 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!! SITS ON 0.73 ACRES AND INCLUDES 16 OFF-STREET PARKING SPACES. LAUNDRY FACILITIES LOCATED ON THE 2ND AND 3RD FLOORS HAVE 12 COIN-OPERATED SPEED QUEEN MACHINES. CURRENT CAP RATE IS 6.5% AND IN-PLACE NET OPERATING INCOME $195,134.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Land, Leases, Rental License

Fireplace No

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Exterior

Garage Parking Lot

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Age 8 Years or Less,Asphalt,Pitched

Present Use Residential

Parking Type Parking Lot

Building

Lot Description Tree Coverage - Light

Story Three Or More

Foundation 6165

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Other

Schools

School District St. Paul

Others

Special Listing Condition Real Estate Owned

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Listed by Nathan Opatz • Apartment Cash Flow, Inc.

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Brandon Anderson

+1(612) 490-0638

Agent | License ID: 40180683

Agent License ID: 40180683