52 Douglas ST new Save Request In-Person Tour Request Virtual Tour
Saint Paul,MN 55102
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Samuel Leeches Add
MLS Listing ID 6674058
Year Built 1890
Annual Tax Amount $14,270
Tax Year 2025
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 40 x 100
Property Sub-Type Apartment
Property Description
DOUGLAS STREET FLATS IS A UNIQUE ONE PARCEL TWO BUILDING 8-UNIT INVESTMENT OPPORTUNITY VERY 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. METICULOUSLY CLEAN AND WELL MAINTAINED! ORIGINALLY BUILT AND CONSTRUCTED IN 1890. RESIDENTS ENJOY HOW SPACIOUS THEIR UNITS ARE WITH OVER 800 SQUARE FEET AND HOW THEY FEEL LIKE INDIVIDUAL CONDOS WITH WINDOWS FACING THREE DIRECTIONS. EACH APARTMENT FEATURES A STACKABLE WASHER AND DRYER UNIT, HARDWOOD FLOORS, AND IS A CORNER UNIT. THE LOWER LEVELS HAVE SUPER LARGE STORAGE LOCKERS FOR RESIDENTS. CURRENTLY ALL THE UNITS ARE RENTED AND EACH TENANT PAYS FOR THEIR OWN SEPARATE ELECTRIC WHICH COVERS THE ELECTRIC BASEBOARD HEAT. OWNER PAYS FOR WATER, TRASH, AND GAS FOR WATER HEATERS. A NEW OWNER CAN RAISE RENTS ON LEASE RENEWALS TO CAPTURE A HIGHER RETURN ON THEIR INVESTMENT!
Location
State MN
County Ramsey
Zoning Residential-Multi-Family
Rooms
Basement Full,Storage/Locker
Interior
Heating Baseboard
Cooling Window Unit(s)
Inclusions Building,Land,Leases,Rental License
Fireplace No
Appliance Dishwasher,Range,Refrigerator
Exterior
Parking Features None
Utilities Available Electric Separate,Heating Separate,Hot Water Common
Roof Type Age Over 8 Years,Flat
Present Use Residential
Building
Lot Description Tree Coverage - Light
Story Two
Foundation 3600
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
Schools
School District St. Paul