729 Oakdale AVE new Save Request In-Person Tour Request Virtual Tour
Saint Paul,MN 55107
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision The W St Paul Re&Imp Synd 1
MLS Listing ID 6815535
Year Built 1963
Annual Tax Amount $43,226
Tax Year 2025
Lot Size 0.520 Acres
Property Sub-Type Apartment
Property Description
This is an amazing opportunity to acquire a solid well-built 23-unit apartment building close to the Cherokee Park neighborhood of Saint Paul and near West Saint Paul & South St. Paul cities in Minnesota.
Built in 1963 the unit make-up is twelve 2-bedroom and eleven 1-bedroom apartments all with one full bathroom. Beautiful all-brick exterior with three stories and spread across an oversized 0.52-acre corner lot. Fully rented, on-site coin laundry and a newer hot water heater! Average two-bedroom rents are at $1,184 and one-bedroom rents at $1,049. There are five two-car double garages that are 100% occupied and bring in extra cash flow. Located on a bus route and near highways 52, 494, and 94
729 Oakdale Ave is the perfect investment property to buy with doing a 1031 IRC tax exchange from the sale of your smaller 4-10 units. Increase your monthly cash flow and take advantage of your tax benefits with new depreciation.
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Interior
Heating Hot Water
Cooling Wall Unit(s)
Inclusions Building,Land,Rental License
Exterior
Parking Features Detached,Parking Lot
Garage Spaces 10.0
Utilities Available Electric Separate,Heating Common,Hot Water Common
Roof Type Age Over 8 Years,Flat,Rubber
Building
Lot Description Corner Lot
Story Three Or More
Foundation 6600
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District St. Paul