Active
1922 Wilson Avenue
Saint Paul MN, 55119
$2,850,000
$154.10 per sqft
Active
18,494 sqft
Commercial
Built in 2021
THE EASTVIEW APARTMENTS LOCATED IN THE HEART OF SAINT PAUL IS CLOSE TO DOWNTOWN AND THE SUBURBS OF OAKDALE, WOODBURY & MAPLEWOOD. EASY ACCESS TO HIGHWAYS 94 & 494. NEWLY CONSTRUCTED IN 2021, THIS MULTI-FAMILY ASSET OFFERS RESIDENTS LARGE THREE-BEDROOM, TWO BATHROOM UNITS DESIGNED FOR MODERN LIVING! EACH UNIT IS APPROXIMATELY 1,541 SQFT AND FEATURES STAINLESS STEEL APPLIANCES, QUARTZ COUNTERTOPS, AMPLE CLOSET SPACE, AND SELF-CONTROLLED HIGH-EFFICIENCY HEATING AND AIR CONDITIONING. WITH CONTROLLED ACCESS ENTRY, SECURITY CAMERAS IN COMMON AREAS, AND OFF-STREET PARKING, EASTVIEW APARTMENTS ENSURES A SECURE AND STRESS-FREE RENTING EXPERIENCE FOR ITS RESIDENTS. CLOSE TO TONS OF SHOPPING, SCHOOLS, PLAYGROUNDS, ENTERTAINMENT VENUES, AND THE CONWAY RECREATION CENTER. PROFESSIONALLY MANAGED WITH THE POSSIBILITY TO RETAIN THEM FOR FULL MANAGEMENT DUTIES. VERY STABLE, FULLY OCCUPIED, AND IN TURN KEY CONDITION!! THIS PROPERTY MAKES FOR THE PERFECT 1031 EXCHANGE OUT OF A SMALLER ASSET!! SITS ON 0.73 ACRES AND INCLUDES 16 OFF-STREET PARKING SPACES. LAUNDRY FACILITIES LOCATED ON THE 2ND AND 3RD FLOORS HAVE 12 COIN-OPERATED SPEED QUEEN MACHINES. CURRENT CAP RATE IS 6.5% AND IN-PLACE NET OPERATING INCOME $195,134.
6590645
MLSⓇ ID
August 22, 2024
Listed
December 6, 2024
Updated
Map
1922 Wilson Avenue
Saint Paul MN, 55119
Interior Features
Total Stories
3
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.73 Acres
Lot Features
Tree Coverage - Light
Roof
Age 8 Years or Less, Asphalt, Pitched
Sewer
City Sewer/Connected
School Information
School District
St. Paul
Other Property Details
Taxes
$42,410
Tax Frequency
Annually
Days on Market
105
Association Amenities
Coin-op Laundry Owned, Fire Sprinkler System
Garage
No
Parking
Parking Lot
View
No
County
Ramsey
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/26/2024 | Price change | $2,850,000 -5% |
Courtesy of Apartment Cash Flow, Inc.
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Charly Marggraf shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 5:38 AM UTC, 12/6/2024