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195 Lexington Parkway N, Saint Paul, MN 55104

New - 20 Hours Ago

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Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agency Title: Counselor Realty
Agency Phone: 612-405-8404

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Property Description

This is a unique opportunity to acquire thirteen well-appointed apartments located in the heart of the Summit University and Union Park neighborhoods of Saint Paul, Minnesota. Stunning curb appeal, featuring 100% all brick and stone exterior. All the roofs have recently been replaced in 2021. The unit mix is all one bedroom, one bath with original oak hardwood floors and trim. Newer hot water boiler system and water heaters. Large double corner lot with over 0.35+ acres, twelve detached garages and a patio area for residents. This asset is the perfect property to buy in your 1031 IRC Tax Exchange!!The neighborhood is centrally located and offers numerous restaurants, coffee shops, and parks, such as Linwood, Merriam, Iris, Cathedral Hill, and Western Sculpture Parks. Highly walkable with great access to public transportation along Lexington and the University METRO Green Line light rail. Just north of the historic Summit avenue with affluent mansions, churches, and colleges.

195 Lexington Parkway N | MLS# 7028626

This commercial property located at 195 Lexington Parkway N, Saint Paul, MN 55104 is currently listed for sale with an asking price of $1,495,000. Lexington Parkway N is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealestate.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Garage: 12
Heating: Hot Water
Lot Size: 0.36 Acres
Roof Type: Age 8 Years or Less, Asphalt, Flat, Pitched, Rubber
Stories: 3.0
Taxes: $25,682
Year Built: 1921

Feature Descriptions

Appliances: Range, Refrigerator
Basement: Block, Full
Current Use: Residential
Exterior: Block, Brick
Foundation Size: 3000
Lot: Corner Lot, Tree Coverage - Light
Lot Dimensions: 119 x 130
Owners Expense: Gas, Insurance, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 032823110083
Parking: Detached Garage, Paved Lot
Road Frontage: City Street, Sidewalks
Sale Includes: Building, Land, Leases, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity
Units: 13
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: St. Paul

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Demographics

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