Taylors Falls, MN - 242 Basil St - 8 UNITS - $999,000

Croixview Apartments is a very unique opportunity to acquire an 8-unit apartment asset situated in the scenic St.Croix river bluffs in Taylors Falls, MN. You can not beat the location and privacy sitting on 1.34 acres of land. All the units are two-bedroom, one full bathroom, with approximately 880 SqFt. The tenants pay for their unit electric which covers lights, baseboard heating, appliances, water heaters, and wall air conditioners. Owners pay for common area electric, water and sewer, and trash. The upper pitched part of the roof was replaced. The four apartments on the riverside either have a patio or balcony. There is plenty of off-street parking and a detached four-car garage for extra income. The residents enjoy having on-site coin operated washer and dryer location on the main floor. Average in place rent is $941.87. The building was constructed in 1980 and is currently 100% occupied! Ready for a new owner to take over and make their own!!

Saint Paul, MN - 503 Ohio St - 15 UNITS - $1,695,000

Ohio Apartments offers a new owner a turn-key investment opportunity with 15 well-appointed units plus 8 garages. The unit mix consists of 8 two-bedroom, 1 bath and 7 one-bedroom, 1 bath apartments spread out over three full stories built in 1968. Charming curb appeal with the brick exterior in great condition, newer vinyl double pane windows, newer gutter downspouts and roof facia, plus a decorative black front entrance awning. This apartment complex is resting on almost a half acre and nicely landscaped with a newer asphalt parking lot and an attractive retaining wall. All but one of the apartments has been renovated with luxury vinyl plank flooring, new kitchen cabinets and hardware, quartz countertops, stainless steel energy efficient appliance package including dishwashers, carpet in bedrooms, and ceiling fans. The building has received newer vinyl replacement windows throughout and the common spaces were recently carpeted and freshly painted. The laundry room has been remodeled and offers tenants coin-operated speed queen washers and dryers with credit card readers. This asset is definately in above average condition and would make the perfect 1031 tax exchange purchase or syndication. Very low historical vacancy and super easy to rent being close to downtown Saint Paul, MN, West St.Paul and Mendota Heights, MN. Two blocks from Cherokee Park and the high bridge.

Saint Paul, MN - 1536 & 1538 Fulham St - DUPLEX - $469,900

This is an exceptional side by side duplex in Saint Anthony Park neighborhood in St. Paul, MN.  It is a 3bd, 2ba and a 2bd, 2ba each w/ roughly 1300 + sq ft.  With a picturesque setting on 0.19 acres and mature trees, 2-car detached garage, and plenty of off-street parking. Residents pay their own utilities with the owner paying for trash and recycling. Both units offer in-unit laundry, central A/C, electrical panel upgrades, plus additional room in basement.  Built in 1951. The 1536 unit will be left vacant for an owner occupied buyer.

Saint Paul, MN - 1145 7th St W - 7 UNITS - $725,000

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 RATE