Listed By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Shown By
Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty
Property Description
This is an amazing opportunity to acquire a solid well-built 23-unit apartment building close to the Cherokee Park neighborhood of Saint Paul and near West Saint Paul & South St. Paul cities in Minnesota.Built in 1963 the unit make-up is twelve 2-bedroom and eleven 1-bedroom apartments all with one full bathroom. Beautiful all-brick exterior with three stories and spread across an oversized 0.52-acre corner lot. Fully rented, on-site coin laundry and a newer hot water heater! Average two-bedroom rents are at $1,184 and one-bedroom rents at $1,049. There are five two-car double garages that are 100% occupied and bring in extra cash flow. Located on a bus route and near highways 52, 494, and 94729 Oakdale Ave is the perfect investment property to buy with doing a 1031 IRC tax exchange from the sale of your smaller 4-10 units. Increase your monthly cash flow and take advantage of your tax benefits with new depreciation.
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729 Oakdale Avenue, Saint Paul, MN 55107
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729 Oakdale Avenue, Saint Paul, MN 55107
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729 Oakdale Avenue, Saint Paul, MN 55107.
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729 Oakdale Avenue | MLS# 6815535
This commercial property located at 729 Oakdale Avenue, Saint Paul, MN 55107 is currently listed for sale with an asking price of $2,600,000. Oakdale Avenue is located within the St. Paul school district. Search Saint Paul real estate on www.thebartelgroup.com today.