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420 Herschel Street

Saint Paul, MN 55104
  • $489,900
  • STATUS: Active
  • ON SITE: 148 Days
  • ID#: 6146648
$489,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,600
    SQFT
  • $136
    $/SQFT
Type:
Commercial
Built:
1904
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Apartment Cash Flow, Inc..

Description

HERSCHEL APARTMENTS OFFERS 5 WELL-APPOINTED UNITS IN A PROFESSIONALLY MANAGED ASSET. WITHIN BLOCKS FROM THE NEW ALLIANZ SOCCER STADIUM, UNIVERSITY LIGHT RAIL GREEN LINE, AND BETWEEN BOTH MINNEAPOLIS AND SAINT PAUL DOWNTOWNS. 100% OCCUPIED AND EASY TO KEEP FILLED. UNIT MIX IS THREE ONE-BDS AND TWO STUDIOS ON THREE FLOORS. LOWER LEVEL HAS OWNED COIN OPERATED WASHER AND DRYERS. THE GARAGE IS SEPARATELY RENTED FOR ADDITIONAL REVENUE. CAP RATE 6.10% AND 9.45 TIMES GROSS

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Twin Cities Elite Real Estate Group | TheMLSonline are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Twin Cities Elite Real Estate Group | TheMLSonline is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Twin Cities Elite Real Estate Group | TheMLSonline, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-06-25T00:29:04.013.

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420 Herschel Street Saint Paul, MN 55104

  • Price: $489,900
  • Status: Active
  • On Site: 148 Days
  • ID#: 6146648
0
Beds
0
Baths
0
½ Baths
0.12
Acres
3,600
SQFT
$136
$/SQFT
1904
Built
Neighborhood:
Loverings Add To, Union P
County:
Ramsey
Area:
Merriam Park/Lexington-Hamline
School District:
625 - St. Paul
Property Description
HERSCHEL APARTMENTS OFFERS 5 WELL-APPOINTED UNITS IN A PROFESSIONALLY MANAGED ASSET. WITHIN BLOCKS FROM THE NEW ALLIANZ SOCCER STADIUM, UNIVERSITY LIGHT RAIL GREEN LINE, AND BETWEEN BOTH MINNEAPOLIS AND SAINT PAUL DOWNTOWNS. 100% OCCUPIED AND EASY TO KEEP FILLED. UNIT MIX IS THREE ONE-BDS AND TWO STUDIOS ON THREE FLOORS. LOWER LEVEL HAS OWNED COIN OPERATED WASHER AND DRYERS. THE GARAGE IS SEPARATELY RENTED FOR ADDITIONAL REVENUE. CAP RATE 6.10% AND 9.45 TIMES GROSS
Exterior Features

Construction Materials Metal Siding Construction Materials Desc BlockFrame Foundation Area 1300 Levels Three Or More Lot Features Corner LotTree Coverage - LightSod Included in Price Lot Size Dimensions N/A Parking Features On-Street Parking Only Parking Open 2 Road Frontage Type City Street Roof Age Over 8 YearsAsphalt Waterfront YN No

Interior Features

Amenities Unit Natural WoodworkKitchen WindowHardwood FloorsTiled Floors Appliances RangeRefrigerator Basement Partially FinishedEgress Window(S) Cooling Window Unit(S) Heating Hot Water Refrigerator Num One Per Unit

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending Unknown Association Amenities Coin-Op Laundry Owned Contingency None Current Use Residential Electric Expense 1000 Expenses 21926.00 Foreclosure Status No Fuel Natural Gas Fuel Expense 3500 Gross Income 51816 Inclusions LandLeasesRental LicenseBuilding Insurance Expense 1800 Land Lease Amount 0 Lender Owned No Maintenance Expense 1500 Manager Expense 2400 Net Operating Income 29890 Operating Expense 21926 Other Expense 0 Owner Pays TaxesInsuranceWaterFuelRepairsTrash CollectionSnow RemovalGrounds Care Postal City Saint Paul Potential Short Sale No Property Sub Type Apartment Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 9202 Tax With Assessments 9202.00 Tax Year 2022 Tenant Pays Cable Tv Trash Expense 1324 Unit Type Efficiencies1 Bedroom2 Bedroom3 BedroomOne RoomTwo RoomThree RoomFour RoomFive RoomSix RoomSeven Room Utilities Heating CommonElectric SeparateHot Water Common Water Sewer Expense 1000 Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Apartment Cash Flow, Inc.. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Twin Cities Elite Real Estate Group | TheMLSonline are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Twin Cities Elite Real Estate Group | TheMLSonline is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Twin Cities Elite Real Estate Group | TheMLSonline, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-06-25T00:29:04.013.

Click here for Digital Millennium Copyright Act
 
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NorthstarMLS] logo Listing courtesy of Apartment Cash Flow, Inc..