$1,150,000

330 Magnolia Avenue E

Saint Paul MN, 55130

Description

The Magnolia Apartments are a great cash-flowing investment opportunity in St. Paul. This property has guaranteed rent payments (through a 3rd party, by government assistance) to provide a unique setup---No financial vacancy and the company finds the tenants! Some updates completed: front retaining wall, roof, exterior paint, took plumbing out of the ground-pex, some updates to the boilers, and other miscellaneous items as needed. It's ready for you to take over. The location can't be beat because it's close to downtown just blocks from 35E and Maryland in the Payne/Phalen neighborhood.(You can view the common areas and 1 vacant unit) or to review the Offer Memorandum with all financial details. Masks are required for all showings.

Details

MLS#5622026
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1962
Days On Site118

Features

Market Activity 55130

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Area Information
StateMN
CountyRamsey
CitySaint Paul
Zip Code55130
Listing VS Median (in 55130)
Price:
$1,150,000
low | high
Med:
$214,900
100% of Average
On Site:
118
low | high
Med:
147
80.272108843537% of Average
Listing Updated: November 20, 2020 10:22:38 AM PST
Ambrosia Ayde LogoMLS Number: 5622026
Listing Provided By:
Ambrosia Ayde  of  Realty Group LLC

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