1521 Grand Ave, St. Paul, 55105

NEWCommercial - Apartments/Multi Family For Sale in Summit View


MLS® #: 5244211
Active, 6 Days on Market

Brick five-plex on historic Grand Avenue. Incredible opportunity! Building is in good condition-owner has done numerous improvements. Hardwood floors in the 4 main units with built-ins buffets & front porches with French doors. 4-identical 2 bedroom units & one garden unit which is also 2 bedrooms. Great rental track record-most of the tenants have been here for 10+ years. The units are easy to rent, but current owner is renting them much under market. See supplement for current & projected rents & improvements. Storage lockers for each unit. Coin operated laundry is owned, $924 collected in 2018. Updated boilers, water heater, numerous windows, roof & electric. 4 separated garage stalls. One block to Snelling & the bus line. Walk score off the charts.

Essential Information

MLS® #: 5244211
Price: $879,000
Square Footage: 5,898
Acres: 0.17
Year Built: 1914
Type: Commercial
Sub-Type: Apartments/Multi Family
Style: Apartments/Multi Family
Status: Active

Community Information

Address: 1521 Grand Ave
Area: Macalester-Groveland
Subdivision: Summit View
City: St. Paul
County: Ramsey
State: MN
Zip Code: 55105


Amenities: Natural Woodwork, Hardwood Floors, Tiled Floors, French Doors, Porch
# of Garages: 4
Garages: Detached Garage


Appliances: Range, Refrigerator
Heating: Hot Water
Cooling: None


Exterior: Brick/Stone
Lot Description: Corner Lot, City Bus (w/in 6 blks)
Roof: Flat, Age 8 Years or Less
Foundation: 1966

School Information

District: 625 - St. Paul

Additional Information

Date Listed: June 7th, 2019
Days on Market: 6
Zoning: Business/Commercial
Current Use: Residential

Listing Details

Listing Office: RE/MAX Results


$/SqFt: $149

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Listing information last updated on June 16th, 2019 at 3:35am CDT.