610 Chatsworth St N, St. Paul, 55104

Commercial - Apartments/Multi Family, Low Rise For Sale in Chatsworth St Addition, To The

$900,000

Beds
Baths
7,056Sqft
.19Acres
1962Built
27DOM
MLS® #: 5297179
Active, 27 Days on Market

Rare apartment with 3- 3 bedroom units and 5- 2 bedroom units. All brick apartment with solid tenant base with the opportunity to own 2 apartments with a total of 15 units and 27 total bedrooms across the street from each other. High demand area due to the proximity of the light rail. Rental demand increases yearly and even with scheduled $50/month increases scheduled, the open market rents would be much higher. Both are solid buildings with many of the maintenance items completed so you can enjoy years of trouble free ownership. ON-site caretaker in place. Opportunity to add nearly $10,000 per year to NOI by participating in the 4 (d) Affordable Housing Incentive with a property reduction. Current rents are well within the requirements. Chatsworth feutres 3-3 bedroom units and (5) 2 bedroom units, new roof, front entry door, commercial water heater in 12/2018, coin op laundry (Approximatley $4,000 in extra income)and 8 camera security system.

Essential Information

MLS® #: 5297179
Price: $900,000
Square Footage: 7,056
Acres: 0.19
Year Built: 1962
Type: Commercial
Sub-Type: Apartments/Multi Family, Low Rise
Style: Apartments/Multi Family, Low Rise
Status: Active

Community Information

Address: 610 Chatsworth St N
Area: Thomas-Dale (Frogtown)
Subdivision: Chatsworth St Addition, To The
City: St. Paul
County: Ramsey
State: MN
Zip Code: 55104

Amenities

Amenities: Natural Woodwork, Kitchen Window, Hardwood Floors, Tiled Floors
Utilities: Heating Common, Electric Separate, Hot Water Common
Garages: Uncovered/Open, Paved Lot

Interior

Appliances: Range, Exhaust Fan/Hood, Refrigerator
Heating: Hot Water
Cooling: Wall, Window

Exterior

Exterior: Brick/Stone
Lot Description: Corner Lot, Tree Coverage - Medium, City Bus (w/in 6 blks)
Foundation: 2720

School Information

District: 625 - St. Paul

Additional Information

Date Listed: September 23rd, 2019
Days on Market: 27
Zoning: Residential-Multi-Family
Current Use: Residential

Listing Details

Listing Office: Coldwell Banker Burnet

Financials

$/SqFt: $128

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Coldwell Banker Burnet

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Listing information last updated on October 20th, 2019 at 8:35am CDT.