For Sale: Saint Paul MLS# 6767305
Active
NEW!
$1,795,000
Commercial: Apartments
Built 1949
0.39 acres
St. Paul schools
MLS# 6767305
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Property Description
Exeter Place Apartments is a compelling investment in one of Saint Paul’s most desirable neighborhoods. Just blocks from the Mississippi River and the University of St. Thomas, the property enjoys steady rental demand. The area combines residential charm with walkable access to coffee shops, restaurants, and urban amenities. Built in 1949, Exeter Place features 17 units (5 studios, 12 one-bedrooms) averaging 544 sq. ft., with current rents of $881/month. Situated on a 0.39-acre lot, the property also features eight garages for added tenant convenience and owner income. With stable occupancy, value-add potential, and a prime location, Exeter Place combines reliable cash flow with long-term upside.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,795,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
8
County:
Ramsey
Year Built:
1949
State:
MN
Property Style:
Apartments
Zip Code:
55104
Neighborhood/Area:
Merriam Park/Lexington-Hamline
Exterior
Garage Spaces:
8
Garage Size:
1 ft2
Other Parking Spaces:
0
Foundation Size:
4,860 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
Detached
Exterior Material:
Brick Veneer
Lot & Land
Acres:
0.39
Geolocation:
44.9481825458, -93.1953105926
Inclusions:
Building, Leases
Lot Dimensions:
134 x 135
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,578
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,578
Units
Total Units:
17
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.