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Femi Olowu

femi@exactrealtygroup.com +1(763) 321-8705

$799,900

Est. payment - /mo

10 Beds

6 Baths

9,975 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Hepburn Park

MLS Listing ID 7147426

Bedrooms 10

Year Built 1968

Annual Tax Amount $10,964

Tax Year 2026

Contingent None

Lot Size 9,975 Sqft

Lot Dimensions 80 x 125

Property Description

Easy to own and manage solid 6 unit brick building with history of only 3 owners in the past 58 years. Located in a lovely tree lined residential neighborhood, award winning schools, close to parks, MTC bus line, major freeways and major employers. All leases are month-to-month, with history of very low vacancy rate. Five 2 bedroom units and one efficiency, on site laundry, and 6 assigned parking spots. Apts 1&3 were totally rebuilt in 2021, including stud walls, elec, plumb, etc. Residents pay their own electric, except for the efficiency, where owner pays all utilities. Owner pays heat, water and sewer, house electric, garbage. New roof in 2011, new water heater 2021, new parking lot 2022, new chimney liner and venting 2025, new hot water heating system May 2026.
City of South St Paul does not have rent control.
City of South St Paul does require a rental license.

Location

State MN

County Dakota

Zoning Residential-Multi-Family

Rooms

Basement Block, Finished

Interior

Heating Baseboard, Hot Water, Radiator

Cooling Wall Unit(s)

Inclusions Building, Fixture/Equipment, Land, Leases

Fireplace No

Appliance Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer

Exterior

Parking Features Assigned, Parking Lot, Paved Lot

Fence None

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Asphalt,Pitched

Present Use Residential

Building

Story Two

Foundation 3000

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District South St. Paul

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Listed by Tamara Kappauf • Maxwell Blue Real Estate

Nearby Locations

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Femi Olowu

+1(763) 321-8705

Broker License ID: 40872549

247 2nd AVE S South Saint Paul, MN 55075

Femi Olowu

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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