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1082 Payne Avenue

Saint Paul, MN 55130
  • $330,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: 6180379
UPDATED: 29 min ago
$330,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,360
    SQFT
  • $98
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Re/Max Results.

Description

Mixed-use commercial/apartment 3-unit fully leased with 7.63% cap. Roof, floor, range, microwave, and refrigerator were new in 2020. Two apartment tenants: 2 bedrooms and a studio with an attached garage. Studio tenant with an attached garage pays $1,100/mo and is on a month to month lease. The two-bedroom tenant has a lease to 3-31-2023 and pays $1,050/mo rent. The commercial tenant pays $1,236/mo to 12-31-2022 plus an option to renew to 12-31-2025 with increase in rent. Apartment tenants pay for their electricity. For the commercial tenant, the landlord pays gas, electricity, water, and trash. The commercial tenant has been leasing the space since 1996. One gas meter and one water meter. The commercial tenant maintains the boiler.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Happy Clients Realty Advisors | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Happy Clients Realty Advisors | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Happy Clients Realty Advisors | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-06-26T18:23:45.983.

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1082 Payne Avenue Saint Paul, MN 55130

  • Price: $330,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 29 min ago
  • ID#: 6180379
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,360
SQFT
$98
$/SQFT
1900
Built
Neighborhood:
Holterhoff & Meads Add
County:
Ramsey
Area:
Payne-Phalen
School District:
625 - St. Paul
Property Description
Mixed-use commercial/apartment 3-unit fully leased with 7.63% cap. Roof, floor, range, microwave, and refrigerator were new in 2020. Two apartment tenants: 2 bedrooms and a studio with an attached garage. Studio tenant with an attached garage pays $1,100/mo and is on a month to month lease. The two-bedroom tenant has a lease to 3-31-2023 and pays $1,050/mo rent. The commercial tenant pays $1,236/mo to 12-31-2022 plus an option to renew to 12-31-2025 with increase in rent. Apartment tenants pay for their electricity. For the commercial tenant, the landlord pays gas, electricity, water, and trash. The commercial tenant has been leasing the space since 1996. One gas meter and one water meter. The commercial tenant maintains the boiler.
Exterior Features

Construction Materials Wood SidingStucco Foundation Area 2400 Lot Size Dimensions 0X0 Parking Features None Parking Open 0 Waterfront YN No

Interior Features

Heating Hot Water

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use CommercialResidential Foreclosure Status No Fuel Natural Gas Inclusions LeasesBuildingLand Land Lease Amount 0 Lender Owned No Postal City Saint Paul Potential Short Sale No Property Sub Type Mixed Use Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 5380 Tax With Assessments 5380.00 Tax Year 2021 Unit Type Efficiencies1 Bedroom2 Bedroom3 BedroomOne RoomTwo RoomThree RoomFour RoomFive RoomSix RoomSeven Room Utilities Electric Separate Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Re/Max Results. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Happy Clients Realty Advisors | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Happy Clients Realty Advisors | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Happy Clients Realty Advisors | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-06-26T18:23:45.983.

Click here for Digital Millennium Copyright Act
 
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Happy Clients Realty Advisors | Keller Williams Integrity Lakes
1350 Lagoon Ave. #900
Minneapolis MN, 55408
NorthstarMLS] logo Listing courtesy of Re/Max Results.