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$500,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Suburban Hills
MLS Listing ID 6678042
Year Built 1912
Annual Tax Amount $8,672
Tax Year 2024
Contingent None
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Sub-Type Apartment
Property Description
Seize this exceptional opportunity to own a low-maintenance, income-generating multi-family property in a prime St. Paul location. Thoughtfully updated, including a brand-new roof in 2023, this 2,808 sq. ft. building features multiple 1-bedroom units with 90% guaranteed rental income, ensuring stability and peace of mind for investors. Ideally situated within walking distance of the scenic Indian Mounds Regional Park, residents enjoy breathtaking views of the Mississippi River and the St. Paul skyline. The property also offers easy access to downtown Saint Paul's shopping, dining, and entertainment, with convenient public transportation options enhancing tenant appeal. With its strong rental history, recent capital improvements, and strategic location, 222 Frank Street presents a compelling investment opportunity for those seeking reliable cash flow and long-term value appreciation.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Hot Water
Inclusions Building
Fireplace No
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Age 8 Years or Less
Present Use Residential
Building
Story Two
Foundation 988
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
Schools
School District St. Paul
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Listed by Vance Ross • Keller Williams Premier Realty
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