Description
This is a unique opportunity to acquire a well-maintained six-unit apartment building located in the highly desirable Summit Hill neighborhood of Saint Paul, Minnesota. Strong in-place income of
approximately $86,000 annually with a 7.8% cap rate, featuring two newly built units and major recent capital improvements including a brand-new roof and boiler system. The property is ideally positioned near Grand Avenue with convenient access to I-94 and 35W, offering strong rents, low vacancy, and proximity to major retail, restaurants, and transportation corridors. This asset presents an excellent opportunity for both turnkey and long-term value-add investors seeking stable cash flow and long-term appreciation in one of Saint Paul’s most established rental markets.
Location
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By conducting a property search on this site, user agrees to EULA found on: http://www.northstarmls.com/wp-content/uploads/2015/08/EULA.pdf Updated: 29th April, 2026 1:33 PM (UTC)
Listing Office: Matthews Real Estate Investment Solutions
