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BoardWalk Premier Realty
197 Kent Street, Saint Paul, MN 55102
- $925,000
- 8
- BD
- 7
- BA
- 4,748
- SqFt
- List Price
- $925,000
- Price Change
- ▼ $70,000 1786767886
- MLS#
- 7086068
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 8
- Bathrooms
- 7
- Living Area
- 4,748
- Acres
- 0.19
- Subdivision
- Cic 401 Kent House Condo
- Neighborhood
- 101
- Year Built
- 1889
Property Description
Rare opportunity to own a 4-unit investment property in one of Saint Paul's most sought-after neighborhoods. Located in Cathedral Hill, steps from Grand Avenue's premier dining and shopping and Summit Avenue's historic boulevard, this well-maintained building offers a great opportunity. Each unit is individually metered with tenants paying their own gas and electric, keeping operating costs lean. All four units an assigned garage stall. Recent capital improvements include updated kitchens and baths, new HVAC and AC units per unit, new decks installed in 2023, and a replaced roof. Occupied with long-term tenants and a strong rental history. The property's condominium structure also creates potential future upside for individual unit sales. Investors will find it difficult to replicate this combination of location, condition, and cash flow at this price point in the Saint Paul market.
Additional Information
- School District
- St. Paul
- Tax Year
- 2025
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Other
- Garage Spaces
- 4
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Listing courtesy of Compass.
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