New Listing
976 Concordia Avenue, Saint Paul
$1,200,000
MLS® # 6523873
Caspian Group![Regional Multiple Listing Service of Minnesota Logo]()
647 Snelling Avenue N, Saint Paul
$1,500,000
0 Bed
0 Bath
.13 Acre
0 Garage
This 1930's classic brick building offers add-value opportunity and consists of 17 studios and two one-bedroom apartments. With a modest footprint, this building is ideal for investors interested in small, easy-to-rent, maintain, or renovate apartment units. It is located on a quiet block, but conveniently located near several amenities and the Green Line Train is steps away. The City's master plan is for significant redevelopment and investment focus on the surrounding area of Midway/Hamline. The property has added appeal being in a defined Opportunity Zone (the Opportunity Zones program provides tax relief for investors who re-invest their unrealized capital gains into specific low-income communities.)
Additionally, the building is approved for the 4D Tax-reduction program and will benefit from a significant tax reduction this next calendar year (see city website for more information. See attachments for financial information.
Essential Information
MLS® #6398249
Price$1,500,000
Bathrooms0.00
Acres0.13
Year Built1930
TypeCommercial Sale
StatusActive
Community Information
Address647 Snelling Avenue N
AreaHamline-Midway
CitySaint Paul
CountyRamsey
StateMN
Zip Code55104
Amenities
AmenitiesCoin-op Laundry Owned
GaragesOff Site, Paved, Open
Interior
HeatingBoiler
Exterior
ConstructionBrick/Stone
School Information
DistrictSt. Paul
Additional Information
Days on Market297
Zoning
Business/Commercial,Residential-Multi-Family
Listing Details
OfficeBridge Realty, LLC
Property History
Price Reduced from $1,610,000 to $1,500,000
Price Reduced from $1,750,000 to $1,610,000
LISTING MAP
Properties for Sale Similar to 647 Snelling Avenue N, Saint Paul, MN
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Listing information last updated on April 29th, 2024 at 3:20am CDT.
