Property Type:
Commercial
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$732,000
List Date:
4/02/2026
Last Modified:
4/09/2026
Overview
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.
Last Updated: April - 09 - 2026
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