Well-Maintained Six-Unit
1041 Osceola Avenue Saint Paul, MN 55105
1041 Osceola Avenue, Saint Paul, MN, 55105
$732,000
For Sale
$732,000
Six-unit apartment building with two newly built units, recently replaced roof and boiler, and approximately $86,000 in in-place annual income.
Days on Market144
Property Features for 1041 Osceola Avenue
General Information
- Standard status
- Active
- Property subtype
- General Commercial
Building Details
- Year Built
- 1921
Listing agency
(612) 385-0688
Listed by
Matthews Real Estate Investment Solutions
(612) 385-0688
Source
Xome
Added: Feb 28 Updated: Jul 21 at 2:12AM Checked: Jul 22 at 3:41AM
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Investment Insights
Based on property information with market context.
This well-maintained six-unit apartment building offers a total of six residential units, including two newly built units. The property features major recent capital improvements, including a brand-new roof and boiler system. In-place income is approximately $86,000 annually, with a stated 7.8% cap rate.
The building is located in Saint Paul’s Summit Hill neighborhood and is positioned near Grand Avenue. Access is described as convenient to I-94 and 35W, with proximity to major retail, restaurants, and transportation corridors.
For acquisition, the offering is presented as suitable for both turnkey ownership and long-term value-add investors seeking stable cash flow in an established Saint Paul rental market.
The building is located in Saint Paul’s Summit Hill neighborhood and is positioned near Grand Avenue. Access is described as convenient to I-94 and 35W, with proximity to major retail, restaurants, and transportation corridors.
For acquisition, the offering is presented as suitable for both turnkey ownership and long-term value-add investors seeking stable cash flow in an established Saint Paul rental market.
Key Highlights
- Six‑unit apartment building with approximately $86,000 in in‑place annual income.
- 7.8% cap rate reported for the property.
- Two newly built units in the building.
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FAQs
What type of property is this?
Apartment building - Six-unit apartment building with two newly built units, recently replaced roof and boiler, and approximately $86,000 in in-place annual income.
Where is this apartment building located?
The property is located at 1041 Osceola Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $732,000.
What are key features of this property?
This property features: Six‑unit apartment building with approximately $86,000 in in‑place annual income.; 7.8% cap rate reported for the property.; Two newly built units in the building.