1144 Arcade Street

Saint Paul, MN 55106 View Map $949,900 Schedule a Tour
Acres0.22
Year1926
Brandon Hedges & Matt Barker

Brandon Hedges & Matt Barker

(612) 730-6717

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Status: Active
Property Type:Apartment
MLS #:5700091
On Site:251 Days
Lot Size:0.22 Acres
County:Ramsey
Opportunity to make a Single Purchase with 10 sources of Income, FULLY LEASED. 4 commercial suites, 4 Residential Apartments, a Single Family Home and commercial signage on roof. Each has a lease in place earning over $100,000 a year with renewal for Billboards coming and opportunities for rent increases in Spring. All residential units and home were refurbished 2 years ago, and all commercial leases have renewed. Updated mechanicals and systems. This is a walk on part, immediate income. 2nd floor has 4 apartments with dual access. Main floor storefronts have direct access and signage, completely built out with long time tenants (2nd tenant has grown to encompass the 3rd suite as well). 2 Billboards with long term contracts. All leases and Chattel are fully transferable at closing. Excellent location, Brand New Developments of last few years, retail have filled adjacent lots on North. These include CVS, Walgreens, Brand New Strip & Restaurants. INVESTORS ARE SPENDING HERE.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:1144 Arcade Street Saint Paul, MN 55106
County:Ramsey
School System:St. Paul
Neighborhood:Payne-Phalen
Zip Code:55106

Features / Amenities

Appliances: Refrigerator, Washer, Dryer, Range
Amenities: Hardwood Floors
Accessibility Features: No Stairs External
Garage Dimensions: 40 x 30(1190 sq.ft.)
Cooling: Window Unit(s), Wall Unit(s)
Heating: Hot Water, Boiler
Fuel: Natural Gas

Property Features

Lot Size: 0.22 Acres
Lot Dimensions:122 x 80 (both PIDs)
Utilities: Heating Common, Electric Separate, Hot Water Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street, Paved Streets, Curbs, Sidewalks
Road Responsibility: Public Maintained Road
Zoning:Business/Commercial
Directions:Maryland to Arcade South to Property (2nd building in behind CVS)

Tax and Financial Info

Sale Includes: Building, Land, Leases, Fixture/Equipment
Tax Year: 2020
Tax Annual Amount: $14,434
Water / Sewer Expense: $1,050
Electric Expense: $4,700
Insurance Expense: $2,500
Trash Expense: $1,300
Gross Income: $101,106

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1144 Arcade Street Saint Paul, MN 55106
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1144 Arcade Street Saint Paul, MN 55106
 
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Listing Information Last Updated 9/18/2021
Listing provided courtesy of Real Estate Solutions Mn & Wi.
© Copyright 2021 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 the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 1144 Arcade Street Saint Paul, MN 55106 with the MLS Number 5700091 is currently listed at $949,900 and has been on the Saint Paul market for 250 days.

GeoCoordinates:
-93.065774025
44.975971888

List Price: $949,900

You are viewing the MLS property details of the home for sale at 1144 Arcade Street Saint Paul, MN 55106, which is located in the Payne-Phalen subdivision, includes 0 bedrooms and 0 bathrooms, and has approximately 0 sq.ft. of living area.