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594 Stryker Ave
Saint Paul, MN 55107

Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,840 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1958/2014
Parking Ratio 1.82/1,000 SF

Unit Amenities

  • Heating
  • Kitchen

Site Amenities

  • Laundry Facilities

About 594 Stryker Ave , Saint Paul, MN 55107

Well kept 7 plex for sale with all 1 bdrm units. Fully rented. Approximately 480 sqft each. 6 off street parking spots. New roof in 2014. 8 Separate electric meters updated/installed 2014. On site coin laundry. Annual expenses ($17182) include Taxes $6404, Assessments $253, Electricity $2833, Trash $2669, Water $2405, Insurance $2618. Rents are $675, $700, $700, $700, $675, $700, $645: =$4795 if fully collected. $4795*12 months=$57,540 annually + $1200 conservatively for laundry = $58740 * 9 = $528,660 GRM value. Listed at $475,000. There is room for you to bring your system of renting and management to improve the value of the building from day one.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 $672.50 480

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-28-22-14-0111
Land Assessment
$140,000
Improvements Assessment
$420,600
Total Assessment
$560,600
  • Listing ID: 11942557

  • Date on Market: 3/16/2018

  • Last Updated:

  • Address: 594 Stryker Ave, Saint Paul, MN 55107

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