247 2nd Avenue S, South Saint Paul, MN

$799,900

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10

Beds

6

Baths

0.23

Acres

About 247 2nd Avenue S

Easy to own and manage solid 6 unit brick building with history of only 3 owners in the past 58 years. Located in a lovely tree lined residential neighborhood, award winning schools, close to parks, MTC bus line, major freeways and major employers. All leases are month-to-month, with history of very low vacancy rate. Five 2 bedroom units and one efficiency, on site laundry, and 6 assigned parking spots. Apts 1&3 were totally rebuilt in 2021, including stud walls, elec, plumb, etc. Residents pay their own electric, except for the efficiency, where owner pays all utilities. Owner pays heat, water and sewer, house electric, garbage. New roof in 2011, new water heater 2021, new parking lot 2022, new chimney liner and venting 2025, new hot water heating system May 2026. City of South St Paul does not have rent control. City of South St Paul does require a rental license.

Features of 247 2nd Avenue S

MLS® # 7147426
Price $799,900
Bedrooms 10
Bathrooms 6.00
Acres 0.23
Year Built 1968
Type Commercial Sale
Status Active

Community Information

Address 247 2nd Avenue S
Subdivision Hepburn Park
City South Saint Paul
County Dakota
State MN
Zip Code 55075

Amenities

Utilities Electric Separate, Heating Common, Hot Water Common
Parking Assigned, Parking Lot, Paved Lot
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
Heating Baseboard, Hot Water, Radiator
Cooling Wall Unit(s)
Fireplace No

Exterior

Exterior Features Stone
Roof Age Over 8 Years, Asphalt, Pitched

School Information

District South St. Paul

Additional Information

Days on Market 2
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeMaxwell Blue Real Estate

Listing Map

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