881-889 Maryland Avenue E, Saint Paul, MN

$1,595,000

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22

Beds

16

Baths

0.14

Acres

About 881-889 Maryland Avenue E

Solid 16-unit apartment complex opportunity in a high-demand East St. Paul location just a few blocks from Lake Phalen. This all brick, two-building complex blends classic construction with strong rental appeal. There is a 6-unit building features five spacious 2 R units and one 1BR, while the 10-unit building offers nine 1BR units and one 2BR. A great mix of unit options to capture a broad tenant base. Residents enjoy convenient off-street parking, easy access to public transit right outside the door and proximity to Johnson High School, Farnsworth Elementary, and a wide array of shipping and dining options. Solid bones, desirable layout, and a good location! This is a rare opportunity to elevate your portfolio with a stable, income-producing asset in a consistently sought-after neighborhood.

Features of 881-889 Maryland Avenue E

MLS® # 7015772
Price $1,595,000
Bedrooms 22
Bathrooms 16.00
Acres 0.14
Year Built 1958
Type Commercial Sale
Status Active

Community Information

Address 881-889 Maryland Avenue E
Area 98
Subdivision Wilders Add
City Saint Paul
County Ramsey
State MN
Zip Code 55106

Amenities

Utilities Electric Separate
Parking Asphalt, Parking Lot
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Range, Refrigerator
Heating Boiler
Fireplace No

Exterior

Exterior Features Stone
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Roof Age Over 8 Years, Flat
Construction Block, Brick, Frame

School Information

District St. Paul

Additional Information

Days on Market 107
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $29,397

Listing Details

OfficeRE/MAX Results

Listing Map

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