1610 Albemarle Street, Saint Paul, MN

$999,900

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7

Beds

8

Baths

0.29

Acres

About 1610 Albemarle Street

Discover this vibrant 8-unit apartment complex, a gem in the heart of a bustling neighborhood. Located just steps from public transportation and within walking distance to shopping, dining, even McCarrons beach, this property offers an ideal mix of convenience and lifestyle. Property Highlights: • Desirable Unit Features: Each spacious one-bedroom apartment includes generous living areas and select units boast private balconies—perfect for enjoying the outdoors without leaving home. • Convenient On-Site Amenities: Residents benefit from on-site coin-operated laundry facilities and off-street parking, adding to the everyday convenience. • Prime Location: Nestled within walking distance to local eateries, boutiques, and outdoor activities at McCarrons beach, offering tenants an engaging lifestyle right at their doorstep. • Strong Rental Demand: In a high-demand area, this building promises consistent rental income and low vacancy rates. This property not only meets the practical needs of today's renters but also caters to their lifestyle preferences, making it a highly attractive offering in the rental market. Ideal for investors seeking a lucrative opportunity with minimal overhead, this apartment building combines solid construction with a convenient location to ensure a robust return on investment. Capitalize on this rare market opportunity to enhance your real estate portfolio. 1st showing is 1 unit – second showings require at least 24 hour notice as the other units have tenants in them. Sellers also have 2 – 4 plex buildings in Fridley for sale. Check out listing 7027544. Sellers are open to a “package deal” for all 3 buildings.

Features of 1610 Albemarle Street

MLS® # 7027426
Price $999,900
Bedrooms 7
Bathrooms 8.00
Acres 0.29
Year Built 1968
Type Commercial Sale
Status Active

Community Information

Address 1610 Albemarle Street
Area 97
Subdivision Rice Street Villas
City Saint Paul
County Ramsey
State MN
Zip Code 55117

Amenities

Utilities Electric Separate
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Baseboard
Cooling Wall Unit(s)
Fireplace No

Exterior

Roof Age 8 Years or Less

School Information

District St. Paul

Additional Information

Days on Market 14
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $16,980

Listing Details

OfficeInvestors Realty MN

Listing Map

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