Joe Sorenson Realty
Brian R Amiot, Joe Sorenson RealtyPhone: (612) 251-8003
Email: [email protected]
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listing
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CommercialFor Sale
$459,000
744 Simon Avenue
Saint Paul, MN 55117
Listing Office: Stepping Stone Brokers LLC
MLS: Northstar MLS
Est. Mortgage
$2,469/mo

Amazing investment opportunity in an in-demand St. Paul neighborhood that consistently attracts renters. This well maintained, and considerably updated 5-unit property is fully leased and ready to bring you positive cash flow! While the property is turn key as-is, there are still value-add opportunities available to maximize rents as MSP's nationally low rent rates start to recalibrate over the next several years. Unit mix - (1) studio, (3) one-bedroom, (1) two-bedroom. Each unit has it's own separate electric meter, and other utilities are either tenant's outright responsibility, or billed back.

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