503 Ohio ST new

Saint Paul,MN 55107

$ 1695000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Dawsons Add

MLS Listing ID 6800418

Year Built 1968

Annual Tax Amount $30,606

Tax Year 2025

Lot Size 0.410 Acres

Property Sub-Type Apartment

Property Description

Ohio Apartments offers a new owner a turn-key investment opportunity with 15 well appointed units plus 8 garages. The unit mix consists of 8 two-bedroom, 1 bath and 7 one-bedroom, 1 bath apartments spread out over three full stories. Charming curb appeal with full brick exterior in great condition, newer windows, newer gutters and roof facia, and a decorative black front entrance awning. Resting on almost a half acre and nicely landscaped with a newer asphalt parking lot and an attractive retaining wall. All but one of the apartments has been renovated with luxury vinyl plank flooring, new kitchen cabinets and hardware, new quartz countertops, stainless steel energy efficient appliance package including dishwashers, carpet in bedrooms, and ceiling fans. The building has received newer vinyl replacement windows throughout and the common spaces were recently carpeted and freshly painted. The laundry room has been remodeled and offers tenants coin-operated speed queen washers and dryers with credit card readers. This asset is definately in above average condition and would make the perfect 1031 tax exchange purchase. Very low historical vacancy and easy to rent being close to downtown Saint Paul, MN, West St.Paul and Mendota Heights, MN.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Interior

Heating Boiler

Cooling Wall Unit(s)

Inclusions Building,Land,Leases,Rental License

Exterior

Parking Features Parking Lot

Garage Spaces 8.0

Utilities Available Electric Separate,Heating Common,Hot Water Common

Roof Type Age Over 8 Years,Flat

Building

Lot Description Corner Lot,Some Trees

Story Three Or More

Foundation 4500

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District St. Paul

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