Turnkey 6-Unit Apartment Building in St. Paul – Strong Cash Flow & High Demand Potential. Closely Located to Concordia University
Price: $ 780,000.00
Property Type: Multi-Family (6-Unit Apartment Building)
Unit Mix: Six 2-Bedroom / 1-Bathroom Units
Location: Lexington-Hamline / Midway Area (Near Concordia University), St. Paul, MN
Contact: Danika at 612-470-6092 or email Marshallave6units@gmail.com
What the owner loves about this home
Incredible, high-demand investment opportunity to own a fully leased 6-unit apartment building positioned blocks from Concordia University St. Paul. This stable, cash-flowing asset consists entirely of spacious 2-bedroom, 1-bathroom units, making it highly desirable for students, professionals, and small families. With low-maintenance and an unbeatable location, this property offers an immediate return on investment with excellent long-term appreciation potential.
Perfect for an investor looking for immediate, stable cash flow with additional value-add potential. Property selling as is.
Unit & Building Features
Spacious Layouts: Each unit features large living areas, functional kitchens, and ample closet space.
On-Site Amenities: 4 off-street parking spaces, on street parking and coin-operated laundry for extra income.
Storage: Clean basement with potential for additional storage options.
Location Benefits
University Hub: Located steps from Concordia University St. Paul, ensuring a consistent, built-in tenant pool year after year.
Excellent Transit: Walking distance to the METRO Green Line light rail and major bus lines on University Ave and Marshall Ave. Quick access to I-94.
High Walkability: Minutes from local favorites, grocery stores, Allianz Field, and the bustling dining and retail districts of the Midway and Merriam Park neighborhoods.
Terms & Showing Information
Sale Type: For Sale By Owner (FSBO). As Is
Showings: Available by appointment only to qualified buyers. Please do not disturb the tenants.
Proof of Funds: Financial verification or a bank pre-approval letter is required prior to scheduling a tour.
Don't miss out on this exceptional multi-family asset! Contact the owner today to schedule your private viewing.
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Listed by:
Property Owner(612) 470-6092
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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