Well-Maintained Apartment Building For
For Sale
$2,295,000
Sale Price, Saint Francis, MN 55070
21-unit apartment building built in 1990 with many amenities.
Property SizeContact for details
Days on Market168
Property Features for Sale Price
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R3
Building Details
Year Built
1990
Listing Agency:
Granite City Real Estate
(320) 333-2692
Listed By:
Mike Bobick, CCIM · License #40795096
Source:
Svn
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 8 at 6:19AM
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 Granite City Real Estate
Investment Insights
Based on property information with market context.
This is a well-maintained apartment building constructed in 1990, featuring quality brick construction. The property comprises 21 one-bedroom units, each equipped with separate electric meters and electric subpanels, as well as large walk-in closets. Heating is provided by a boiler system in the units, with forced-air heat in the hallways. Tenant-owned wall A/C units are present. Recent updates include a new water heater installed in 2024, and a roof replacement in 2007. The building offers in-building coin laundry facilities on both levels, controlled access with an intercom and door entry system, and handicap accessibility with an elevator and auto door openers. Residents can enjoy a community room with a full kitchen, a lounge, cabana, grill and picnic area, and private green space. Parking includes 12 detached garage stalls and 25 surface parking spaces, with parking lot outlets for vehicle plug-ins. Additional storage lockers are available for each tenant. The property is equipped with a fire panel monitoring system and camera surveillance in common areas, along with an on-site manager office, exterior lighting, and an enclosed trash area. Attractive landscaping and ample off-street parking enhance the property's appeal.
Key Highlights
- 21 well‑maintained 1‑bedroom units offering immediate rental income potential.
- Controlled access with intercom, door entry system, fire panel monitoring, and camera surveillance in common areas for enhanced security.
- Ample parking with 12 detached garage stalls and 25 surface spaces, including parking lot outlets for vehicle plug‑ins.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 55070, MN
8,342
Population
2,947
Households
2.8
Avg Household Size
35
Median Age
16%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
327
Density / Sq Mi
$101,925
Median Household Income
$50,908
Median Earnings
$1,148
Median Rent
$301,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - 21-unit apartment building built in 1990 with many amenities.
Where is this apartment building located?
The property is located at Sale Price Saint Francis, MN.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 21 well‑maintained 1‑bedroom units offering immediate rental income potential.; Controlled access with intercom, door entry system, fire panel monitoring, and camera surveillance in common areas for enhanced security.; Ample parking with 12 detached garage stalls and 25 surface spaces, including parking lot outlets for vehicle plug‑ins.
