Saint Paul, MN 55104,1563 Charles AVE
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Saint Paul, MN 55104,1563 Charles AVE
Saint Paul, MN 55104,1563 Charles AVE
Saint Paul, MN 55104,1563 Charles AVE
Saint Paul, MN 55104,1563 Charles AVE
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1563 Charles AVE Saint Paul, MN 55104

4,791 Sqft Lot


UPDATED:

10/08/2024 02:38 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Hamline Syndicate Add, No3

MLS Listing ID 6610472

Year Built 1911

Annual Tax Amount $13,066

Tax Year 2024

Contingent None

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40x120

Property Description

Presenting an 8 unit Apartment building consisting of 4-1BR and 4-2BR  with detached one bedroom 9th Den unit. This is a well-maintained multifamily asset strategically located in St Paul Opportunity zone. Amenities such as off-street parking, laundry facilities, and ample storage space enhance the overall appeal, value-add potential, and functionality of the property.

Situated in Midway Hamline neighborhood, residents benefit from excellent walkability and convenient access to major transportation routes, including Interstate 94, facilitating easy commutes to Downtown Minneapolis and St Paul and surrounding areas. The property’s proximity to several universities, including Hamline University, makes it particularly appealing to students, healthcare employees, and young professionals seeking housing options near their academic and professional pursuits. Moreover, the property is located with close property to downtown St Paul.

This is a great compelling opportunity for an investor to acquire a well-positioned property in a prime location. Substantial upside exists through strategic enhancements and revenue growth, including optimizing underutilized storage and adjusting rents to meet market potential.

Property tours are available by appointment only. Please contact the listing broker to schedule.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Interior

Heating Boiler

Inclusions Building

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate

Present Use Commercial

Building

Foundation 1464

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Engineered Wood,Stucco

Schools

School District St. Paul


Listed by Zafar Khamdamov • Zafar Khamdamov

Curtis Nelson

Agent | License ID: 87201-94

+1(715) 557-2191

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1563 Charles AVE