Lowertown Saint Paul value add multifamily! An existing 29 unit, 27 residential/2 commercial unit mix. Residential units are loft style mostly 1 bed unit, however, it has potential to be turned into 41units, and almost double the bedroom count due to the size and uniqueness of units. Known as an Artistloft building, art exudes the building and attracts great tenants in an amazing location, walk to all thebest downtown spots. Tenants pay utilities through RUBs. All apt leases are MTM. District Energy heat. Tax Credits remaining and in Opportunity Zone. Commercial units on long leases. EPDM Roof, in good condition, per report. In place 6.53 cap rate.
6504943
Business Opportunities, 3+ Story
Ramsey
1906
0.15
Acres
Public
Block,Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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