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Property Description
Income-producing multifamily investment opportunity featuring two separate 7-unit apartment buildings for a total of 14 rental units on a single PID. Situated on a desirable corner lot, each unit offers 1 bedroom and 1 bathroom, providing a consistent and highly marketable rental configuration. All tenants are currently on month-to-month leases, offering flexibility for future rent adjustments, property improvements, or management strategies. The property also includes 12 off-street parking stalls located at the rear of the buildings, adding convenience and value for residents.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Wall Unit(s), Window Unit(s)
Fuel Type: Natural Gas
Heating: Boiler, Hot Water
Lot Size: 0.33 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Stories: 2.0
Taxes: $22,284
Year Built: 1962
Feature Descriptions
Appliances: Range, Refrigerator
Basement: Block, Partial
Current Use: Residential
Foundation Size: 4736
Lot: Public Transit (w/in 6 blks), Corner Lot
Lot Dimensions: 123x117
Owners Expense: Fuel, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
Parcel#: 302922140001
Parking: Paved Lot, Unassigned, Open
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sale Includes: Building, Land, Leases
Sewer: City Sewer/Connected
Shared Rooms: Other
Tenant Expenses: Cable TV, Electricity
Units: 14
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected
Local Schools
School District: St. Paul
Listed By / Shown By
Listed By
Agency Name: ScaleUp CRE
Agency Phone: 651-231-9921
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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330 Magnolia Avenue E | MLS# 7151047
This commercial property located at 330 Magnolia Avenue E, Saint Paul, MN 55130 is currently listed for sale with an asking price of $1,400,900. Magnolia Avenue E is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealty.net today.