Property information

Beds

—

Baths

N/A

Sq Ft

—

Year Built

1911

Property Type

Commercial Sale

Acres

0.16

County

Ramsey

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

0

Basement

Full

Price/Sqft

—

Stories

Two

HOA Fee

N/A

Updated

1 MO AGO

List Date

7/8/2026

Classic Cathedral Hill 8-unit apartment building consisting entirely of 1BR/1BA units (675 SF each) in one of St Pauls most desirable historic neighborhoods. Property is currently 100 percent occupied with strong in-place cash flow and monthly gross rents of $7,733. Residents enjoy walkable access to restaurants, cafes, shops, and neighborhood amenities along the Selby and Western corridor. Features include coin-operated laundry and separately metered gas and electric currently paid directly by tenants. Ownership is implementing a RUBS utility reimbursement system across the portfolio beginning Q3 2026, creating additional NOI upside potential through utility cost recovery and operational efficiencies. Excellent opportunity for investors seeking long-term value-add potential in a highly stable rental location.