247 2nd Avenue S, South Saint Paul, MN 55075

Property Description

Easy to own and manage solid 6 unit brick building with history of only 3 owners in the past 58 years. Located in a lovely tree lined residential neighborhood, award winning schools, close to parks, MTC bus line, major freeways and major employers. All leases are month-to-month, with history of very low vacancy rate. Five 2 bedroom units and one efficiency, on site laundry, and 6 assigned parking spots. Apts 1&3 were totally rebuilt in 2021, including stud walls, elec, plumb, etc. Residents pay their own electric, except for the efficiency, where owner pays all utilities. Owner pays heat, water and sewer, house electric, garbage. New roof in 2011, new water heater 2021, new parking lot 2022, new chimney liner and venting 2025, new hot water heating system May 2026. City of South St Paul does not have rent control. City of South St Paul does require a rental license.