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$765,000
11 Beds ⋅ 6 Baths ⋅ 7078165 MLS
Six-unit brick apartment building on Saint Paul's West Side, renovated in 2022 and in solid shape. Roof replaced October 2013, siding and gutters replaced August 2014. Every unit was updated in 2022 — LVP flooring, refreshed kitchens with new cabinets and counters, and renovated bathrooms throughout. The building and units have electronic keypad entrys and camera coverage at the front door, parking lot, and laundry room. Six off-street parking spaces and laundry is included in rent. Unit mix is one 1-bed/1-bath and five 2-bed/1-bath units. Fully occupied. Metro Transit bus stop right at the corner. Downtown Saint Paul is minutes away. The West Side is a tight-knit, established neighborhood with easy access to I-35E and the river bluffs. A clean, stabilized asset with a 2022 renovation already behind it.

280 Winifred Street W, Saint Paul

Listing courtesy of Century 21 Atwood.

$1,295,000
7022196 MLS
Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.

149 Morton Street E, Saint Paul

Listing courtesy of Apartment Cash Flow, Inc..

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