Saint Paul, MN 55102,583 Holly AVE
Saint Paul, MN 55102,583 Holly AVE
Saint Paul, MN 55102,583 Holly AVE
Saint Paul, MN 55102,583 Holly AVE
Saint Paul, MN 55102,583 Holly AVE
Saint Paul, MN 55102,583 Holly AVE
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$ 1,147,000
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$ 1,147,000
Est. payment | /mo
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Woodland Park Addition, To St

MLS Listing ID 6642470

Year Built 1890

Annual Tax Amount $24,812

Tax Year 2025

Contingent None

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x143

Property Description

This historic 8-unit brownstone in St. Paul's Summit-University features 7-2 bedroom, and 1-1 bedroom units, each with 10ft+ ceilings, hardwood floors, natural woodwork, split entrances, and original wood details like built-in buffets, beams, cabinets and woodwork.

Perfect for the work-from-home investor with separated living/work areas and balconies.
Units are spacious and the extra space is commonly used as a 3rd bedroom or office.

A sought-after & walkable location near dining and shops, off-street parking creates strong rental demand.

Spacious storage in the basement with a partially finished bathroom and coin-operated laundry machines owned by the seller.

Investors hedge their risk against utility inflation with tenants having separate meters for Gas & electricity. Tenants pay their own heat and new owners could implement "RUBs" to charge back for water, sewer & trash.

Rents are below market and 7/8 tenants are currently MTM giving investors the flexibility to implement their own leases & procedures upon acquisition.

Location

State MN

County Ramsey

Zoning Business/Commercial,Residential-Multi-Family

Rooms

Family Room Other

Interior

Heating Boiler

Cooling None

Inclusions Building, Land, Leases

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Roof Type Age Over 8 Years,Flat,Rubber

Present Use Commercial

Building

Story Three Or More

Foundation 3216

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District St. Paul

Listed by Nathan Schammel • MRG Realty Partners, LLC
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583 Holly AVE