Rare opportunity to acquire one of the largest multifamily properties in the portfolio consisting of two joined and nearly identical brick buildings totaling 8 residential units. Unit mix includes four 1-bedroom units, two 3-bedroom units, and two exceptionally large 4-bedroom multi-level units, creating strong tenant demand across multiple renter profiles.Situated on a corner lot in a highly accessible St Paul location, the property features off-street parking, detached garage space for parking or storage, and spacious unit layouts uncommon for traditional multifamily properties. Strong brick exterior construction, stable rental history, and proximity to public transportation, shopping, restaurants, and major transportation corridors support long-term investment stability.Utilities are currently partially owner-paid with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies.
| MLS # | 7074753 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1888 |
| Days On Site | 99 |
| Listing Provided By | Gold Group Realty, LLC | Luke Nilles |
| Bed(s) | 18 |
|---|---|
| Bath(s) | 12 |
| SQ Feet | 15,405 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 8 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.22 |
| Cooling | None |
|---|---|
| Heating | Boiler, Hot Water, Radiator |
| Appliances | Gas Water Heater, Range, Refrigerator |
| Roof | Age Over 8 Years, Asphalt, Pitched |
|---|---|
| Construction Materials | Block, Brick, Concrete, Frame |
| Lot Features | Public Transit (w/in 6 blks), Tree Coverage - Light |
| Parking Features | Detached Garage, Gravel, Unassigned |
|---|
| Utilities | Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate |
|---|
| Property | 18719 |
|---|
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55104 |
| Area | 101 |
| Community Name | Holcombes Add To, Saint P |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Holcombes Add To, Saint P) | |
Price: $997,500 low | high Med: $0 On site: 99 low | high Med: | |
| State | MN |
|---|---|
| County | Ramsey |
| City | Saint Paul |
| Zip Code | 55104 |
| Area | 101 |
| Community Name | Holcombes Add To, Saint P |
| School District | 625 |
| High School | St. Paul |
| Listing VS Median (in Holcombes Add To, Saint P) | |
Price: $997,500 low | high Med: $0 On site: 99 low | high Med: | |