415 Finn N Street, Saint Paul, MN 55104
Charming 5-unit building in quiet residential neighborhood.
- Added:
- Nov 6, 2024
- Days on Market:
- 607
- Last Refresh:
- May 19 at 11:27 pm
Property Features for 415 Finn N Street
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1922
Listing office Twin City Real Estate Services (612) 384-4783
Listing date Nov 6, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Twin City Real Estate Services
HighLights
- Convenient location in a quiet Merriam Park neighborhood with easy access to I94.
- Relatively new roof (just under 10 years old) and boiler/water heater and most windows (5 years old).
- Includes a 4‑stall detached garage.
- Onsite coin‑operated laundry in the basement with extra storage space.
- Unit 5 is a fully renovated garden‑level unit (renovated 3 years ago).
- All 5 units are currently occupied.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.6k | $26.04 |
| − Vacancy | −$6.4k | −$1.64 |
| EGI | $95.2k | $24.40 |
| − OpEx | −$42.8k | −$10.98 |
| NOI | $52.3k | $13.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.1892
- Latitude
- 44.9541