Andrew Rheault
(701) 361-5699
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Listing Details
- $745,750
- MLS# 7075005
- Type Commercial - Business
- Status Contingent
Listed By
Agency Name: Gold Group Realty, LLC
Agency Phone: 612-382-4774
Shown By
Agent Name: Andrew Rheault
Agent Phone: (701) 361-5699
Agency Title: Town & Country Realty
Home Value Estimate
Description
Classic Cathedral Hill 8-unit apartment building consisting entirely of 1BR/1BA units (675 SF each) in one of St Pauls most desirable historic neighborhoods. Property is currently 100 percent occupied with strong in-place cash flow and monthly gross rents of $7,733. Residents enjoy walkable access to restaurants, cafes, shops, and neighborhood amenities along the Selby and Western corridor.Features include coin-operated laundry and separately metered gas and electric currently paid directly by tenants. Ownership is implementing a RUBS utility reimbursement system across the portfolio beginning Q3 2026, creating additional NOI upside potential...read more
Features
- Appliances: Range, Refrigerator
- Cooling: None
- Heating: Boiler, Hot Water, Radiator
- Stories: 2.0
- Taxes: $15,694
- Water: City Water/Connected
- Year Built: 1911
Gallery
Listed By
Agency Name: Gold Group Realty, LLC
Agency Phone: 612-382-4774
Shown By
Agent Name: Andrew Rheault
Agent Phone: (701) 361-5699
Agency Title: Town & Country Realty
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