Saint Paul, MN 55104,425 Roy ST N
Saint Paul, MN 55104,425 Roy ST N
Saint Paul, MN 55104,425 Roy ST N
49
$1,362,500
$1,510,000
9.8%
Est.Price: ?

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5,227 Sqft Lot

425 Roy ST N Saint Paul, MN 55104

Est. payment /mo
SOLD DATE : 03/18/2024

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Key Details

Sold Price $1,362,500

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6398290

Sold Date 03/18/24

Year Built 1937

Annual Tax Amount $31,292

Tax Year 2023

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 45x120x46x120

Property Description

This 16-unit apartment building is an excellent prospect to add to your investment portfolio.
This 1930's classic brick building offers add-value opportunity and consists of 6 studios and 10
one-bedroom apartments. Two non-conforming units offer opportunity for the creative investor. A Solid
roof, newer windows, and updated electric, with a solid exterior. Conveniently located near several amenities and just blocks from the new Allianz Soccer Stadium, Green Line Train, shopping, parks, and dining, making it a perfect fit for anyone looking for a small investment opportunity with growth potential. In an designated Opportunity Zone (the Opportunity Zones program provides tax relief for investors who re-invest their unrealized capital gains into specific low-income communities.) Review the city's Master Plan for significant redevelopment. Additionally, the building is approved for the 4D Tax-reduction program and will benefit from a significant tax reduction this next calendar year.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Interior

Heating Boiler

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features None

Utilities Available Heating Common

Present Use Residential

Building

Foundation 6490

Sewer City Sewer - In Street

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District St. Paul

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Listed by Lindsey Janicke-Tuff • Bridge Realty, LLC

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