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583 Holly Avenue, Saint Paul, MN 55102
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$1,097,000
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Home Details for 583 Holly Avenue
Price
$1,097,000
Type
Commercial/Industrial
Bedrooms
15
Total Bathrooms
8
Year Build
1890
Lot Size
0.164
County
Ramsey
Tax
$24,812
MLS®️ Listing#
6642470
On exitrealty.com
317 days
Property Description
Come take a look at this fully-occupied 8-unit multifamily investment opportunity located in the Summit-University neighborhood.
Tenants love the layout of these units & commonly use 3/8 units as 3 BR or 2BR+ den units (using the sun room leading to the porch as a 3rd bedroom)
Each unit has its own boiler and water heater. Tenants pay ALL their own Gas (cooking & heat) - so the owner has below average utility costs.
The units feature classic architectural character like high ceilings, original woodwork, built-in cabinetry, and large porches!
The longer-term tenants rent below market & have opportunities to increase with pet & off-street parking income.
Leases have a mix of MTM and expirations into late 2026, offering stability and flexibility for a buyer to immediately implement their own lease terms
Located centrally between downtown St Paul & Minneapolis for quick commutes, nearby grocery shopping, restaurants, and nightlife.
Reach out to the listing agents for more financial information and tours
- Cooling Information
- Ceiling Fan(s)
- None
- Heating Information
- Natural Gas
- Water Features
- Public
- Utilities
- Cable Available
- Parking
- Parking Lot
Listing Courtesy: MRG Realty Partners, LLC - 651-900-4386
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Market statistics compiled from data from NorthstarMLS.
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$1,097,000
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EXIT REALTY SPRINGSIDE
7876 Hudson Road, Suite 10, Woodbury, MN 55125
Licensed in the state of Minnesota