West 7th street apartments is a classic all-brick seven-unit building close to downtown saint paul, the mall of america, and the mpls/st.Paul international airport. This property has been very well managed and cared for over the years, clean and constructed in 1966. Residents enjoy the off-street parking lot along with the option to rent one of the four garages. There is onsite coin laundry and extra storage lockers for residents. Currently all the units are rented and each tenant pays for their own separate electric. Owner pays heat, water and trash. All four upper apartments feature oak hardwood flooring and they all have wall air conditioning units. Spacious rooms and one of the lower level units is a special two-bed two-bathroom unit! A new owner can raise rents on lease renewals to capture a higher return on their investment! Net operating income $50, 974 and a true 7+ cap rateShow Description MLS® Number6677569
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1966
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBoiler, Hot Water
A/CWall Unit(s)
Heating Fuel
Building, Land, Leases, Rental License
