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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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195 Lexington Parkway N, Saint Paul, MN 55104
STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Anna E Ramsey Add
SCHOOL: St. Paul
Property Description
This is a unique opportunity to acquire thirteen well-appointed apartments located in the heart of the Summit University and Union Park neighborhoods of Saint Paul, Minnesota. Stunning curb appeal, featuring 100% all brick and stone exterior. All the roofs have recently been replaced in 2021. The unit mix is all one bedroom, one bath with original oak hardwood floors and trim. Newer hot water boiler system and water heaters. Large double corner lot with over 0.35+ acres, twelve detached garages and a patio area for residents. This asset is the perfect property to buy in your 1031 IRC Tax Exchange!!The neighborhood is centrally located and offers numerous restaurants, coffee shops, and parks, such as Linwood, Merriam, Iris, Cathedral Hill, and Western Sculpture Parks. Highly walkable with great access to public transportation along Lexington and the University METRO Green Line light rail. Just north of the historic Summit avenue with affluent mansions, churches, and colleges.
Property Features
Property Type: Commercial - Business Basement: Yes Cooling: Window Unit(s) Fuel Type: Natural Gas Garage: 12 Heating: Hot Water Lot Size: 0.36 Acres Roof Type: Age 8 Years or Less, Asphalt, Flat, Pitched, Rubber Stories: 3.0 Taxes: $28,058 Year Built: 1921
Feature Descriptions
Appliances: Range, Refrigerator
Basement: Block, Full
Current Use: Residential
Days on Site: 48
Exterior: Block, Brick
Foundation Size: 3000
Lot: Corner Lot, Tree Coverage - Light
Lot Dimensions: 119 x 130
Owners Expense: Gas, Insurance, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 032823110083
Parking: Detached Garage, Paved Lot
Road Frontage: City Street, Sidewalks
Sale Includes: Building, Land, Leases, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity
Units: 13
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected
Local Schools
School District: St. Paul
Listed By / Shown By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
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195 Lexington Parkway N | MLS# 7028626
This commercial property located at 195 Lexington Parkway N, Saint Paul, MN 55104 is currently listed for sale with an asking price of $1,300,000. Lexington Parkway N is located within the St. Paul school district. Search Saint Paul real estate on nanderson.counselorrealty.com today.