1562 Edmund Avenue West

St. Paul, MN 55104

$875,000
Price
—
Beds
4,370 Sq. Ft.
$200 / Sq. Ft.
4,370
Sq. Ft.
$200
per Sq. Ft.

Description

Presenting an 8 unit Apartment building consisting of 7-1BR and 1-2BR  with detached one bedroom 9th Den unit.  This is a well-maintained multifamily asset strategically located in St Paul Opportunity zone.   Amenities such as off-street parking, laundry facilities, and ample storage space enhance the overall appeal, value-add potential, and functionality of the property. Situated in Midway Hamline neighborhood, residents benefit from excellent walkability and convenient access to major transportation...Presenting an 8 unit Apartment building consisting of 7-1BR and 1-2BR   with detached one bedroom 9th Den unit.  This is a well-maintained multifamily asset strategically located in St Paul Opportunity zone.   Amenities such as off-street parking, laundry facilities, and ample storage space enhance the overall appeal, value-add potential, and functionality of the property. Situated in Midway Hamline neighborhood, residents benefit from excellent walkability and convenient access to major transportation routes, including Interstate 94, facilitating easy commutes to Downtown Minneapolis and St Paul and surrounding areas. The property’s proximity to several universities, including Hamline University, makes it particularly appealing to students, healthcare employees, and young professionals seeking housing options near their academic and professional pursuits. Moreover, the property is located with close property to downtown St Paul. This is a great compelling opportunity for an investor to acquire a well-positioned property in a prime location. Substantial upside exists through strategic enhancements and revenue growth, including optimizing underutilized storage and adjusting rents to meet market potential. Property tours are available by appointment only. Please contact the listing broker to schedule.
  1. Listed by Zafar Khamdamov

Property Details for 1562 Edmund Avenue West

Neighborhood
Hamline-Midway
Subdivision Name
Hamline Syndicate Add, No3
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 10/08/2024 09:02 PM

Property Details for 1562 Edmund Avenue West

StatusActive
MLS #6609843
Days on Compass47
Taxes$12,782 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1913
Lot Size0.15 AC / 6,534 SF
CountyRamsey County

Building Information for 1562 Edmund Avenue West

Stories-Residences8Year Built1913Lot Size0.15 AC / 6,534 SF

Property Information for 1562 Edmund Avenue West

Summary
Location and General Information
  • City Name: Saint Paul
  • County Or Parish: Ramsey
  • County: Ramsey-MN
  • Directions: From Hamline, turn right on Edmund Ave
  • Latitude: 44.9581
  • Longitude: -93.166259
  • Map Coordinate: 107-D3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Saint Paul
  • City and Location Text: Saint Paul(MN)
  • Postal Code: 55104
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 342923230150
  • Tax Annual Amount: $12,782.00
  • Tax Legal Description: HAMLINE SYNDICATE ADD NO3 W 2O FT OF LOT 9 AND ALL OF LOT 10 BLK 4
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 12782.0000
School Information
  • High School District: 625 - St. Paul
  • School District Number: 625
  • School District Phone: 651-767-8100
Property
Lot Information
  • Current Use: Commercial
  • Lot Size Area: 0.15
  • Lot Size Dimensions: 6,430
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 4370.0
Property and Assessments
  • Age Of Property: 111
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1456.0
  • Fuel: Electric
Interior Features
  • Heating: Boiler
  • Basement YN: No
Multi Family
Unit 1
  • Unit Type Baths Total: 0
  • Unit Is Leased: 1

Property History for 1562 Edmund Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1562 Edmund Avenue West

Taxable ValueLand$160,000Additions$409,900Total$569,900
Tax Record2024$12,782 ($1,065 / month)
Home Facts
Total Finished SqFt6,556 SqFtAbove Grade Finished SqFt6,556 SqFtLot Size6,403 SqFtStyleMulti-Family Res (5+ Units)Year Built1913ZoningHCountyRAMSEYAPN34-29-23-23-0150

Schools near 1562 Edmund Avenue West

This home is within St. Paul Public School District.
Rating
School
Type
Grades
Distance
Galtier Magnet Elementary School
Public - PK to 5
Murray Middle School
Public - 6 to 8
Como Park Senior High School
Public - 9 to 12
Leap High School Summer
Public - 8 to 12
Rating
School
Distance
Galtier Magnet Elementary School
PublicPK to 5

Murray Middle School
Public6 to 8

Como Park Senior High School
Public9 to 12

Leap High School Summer
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1562 Edmund Avenue West, St. Paul, MN 55104

1562 Edmund Avenue West is for sale in St. Paul, MN 55104. This property was listed for sale on September 27, 2024 by Zafar Khamdamov, it's currently listed at $875,000. It has been on the market for a total of 47 days and was last sold on May 1, 2013. This listing's school district is St. Paul Public School District. Nearby schools include Galtier Magnet Elementary School, Murray Middle School and Como Park Senior High School. 1562 Edmund Avenue West is a 0-bed, 0-bath, 4,370 sqft built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Zafar Khamdamov

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/08/2024 09:02 PM