1631 Charles Avenue, Saint Paul, 55104, MN
Price: $1,449,000
Status type: For Sale
City: Saint Paul
Neighborhood: Hamline-Midway
Bedrooms: 0
Property Size :0
Listing Agent: NST27376,NST38915
Property type : Apartment
Zip code: 55104
Street: 1631 Charles Avenue
Street: 1631 Charles Avenue
Bathrooms: N/A
Year: 1940
Listing Brokerage: Apartment Cash Flow, Inc.
Charles Place apartments presents a unique value-add investment opportunity right in the heart of Saint Paul within walking distance to the newly built Allianz Stadium where the MN United soccer team plays! This whole Merriam Park neighborhood currently is in an opportunity zone and is getting transformed into a trendy and upscale destination. Take advantage of this opportunity to acquire 15 units, all-brick exterior, built in 1940 with original oak hardwood flooring and original doors and plaster coved ceilings. All units are currently occupied and leased and ready for new owners to take over!! Stabilized with zero delinquencies - 6.87% Cap Rate!!
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
Basement Details: Daylight/Lookout Windows, Finished, Full, Concrete, Partially Finished,
Appliances Included:
Air Conditioning: Window Unit(s)
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 3420ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 50 x 120
Longitude: 44.9577
Latitude: -93.1691
Zoning: Residential-Multi-Family
Tax year: 2025
Tax annual amount: $24,792
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7759154
Listing Brokerage: Apartment Cash Flow, Inc.