1508 Allen Avenue West Saint Paul, MN 55118

$2,999,900
Pending
Apartment  |  MLS # 6510083
Pending
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About The Listing

Two 12-Unit apartment complexes that sit on 2.7 acres in West St. Paul conveniently located on bus route near main retail corridor. Complex has been professionally managed and maintained with 100% occupancy ready for new owner. Brick front buildings consist of 12 - 2 Bedroom units, 2 - 1 Bedroom with Den units, and 10 - 1 Bedroom units. Each unit is allotted a garage and one parking space in private parking lot. Two (owned) sets of coin operated laundry machines are located in each building with individual storage closet for each unit. Recent updates include: Hallways painted 2024, garage roofs 2023, A/C units 2022, hallway carpeting & trim 2020, and garage doors replaced 2018. Rents all are currently under local averages for this West St. Paul area & lots of room for increased cap performance. Financials and rent rolls available upon request. We encourage your questions and inquiries prior to scheduling showings. More photos coming soon.


Listing courtesy of Heather R Heidenreich, Minnesota Realty Company
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Pending
Contingency Type: None
Year Built: 1978
MLS #: 6510083
Garage Spaces: 24
Parking Description: Detached
Sewer Description: City Sewer/Connected
Air Conditioning Type: Window Unit(s)
Water: City Water/Connected
Heat Type: Baseboard
Basement: None
Construction Description: Brick/Stone
Roof Description: Age 8 Years or Less, Flat
Days On Market (Continuous): 26
Disability Features: None
Latest Update: 04/24/2024
List Date: 03/29/2024
Listing Agent ID: 506091877
Listing Office: Minnesota Realty Company
Listing Office ID: 48099
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Range, Refrigerator
Lot Dimensions: 2.77 ACRES
Lot Size: 2.77 Acres
Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
School District: West St. Paul-Mendota Hts.-Eagan
Tax Year: 2023
Estimated Taxes: $38,190
Contingency Type: None
City: West Saint Paul
Zip: 55118
County: Dakota
Subdivision: Coverdale Add
State: MN
Listing last updated: 04/24/24

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