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Property Description
Charles apartments presents a unique opportunity to buy with seller financing. Achieve a higher return on your investment by structuring a deal that works for you. This property features two buildings. In front is a fully occupied eight unit with four 2-bd, 1ba and four 1-bd and 1ba apartments. In the rear is a carriage house that comes with the sale and was built in 1910. Current in-place rents are $856 for the one bedrooms and $1,075 a month for the two bedrooms. Onsite coin laundry and extra storage lockers in the basement. The main building was built in 1911 and has hardwood floors, tall ceilings and loads of original trim and doors. Option to buy the 8-units to the north at 1562 Edmund Ave for $650,000
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Boiler, Hot Water
Lot Size: 0.11 Acres
Roof Type: Age Over 8 Years, Flat
Stories: 2.0
Taxes: $12,780
Year Built: 1911
Feature Descriptions
Appliances: Range, Refrigerator
Basement: Full
Current Use: Residential
Days on Site: 13
Exterior: Block
Foundation Size: 2500
Lot: Corner Lot, Tree Coverage - Light
Lot Dimensions: 50 x 120
Owners Expense: Gas, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 342923230154
Parking: Driveway - Other Surface, On-Street Parking Only
Road Frontage: City Street
Sale Includes: Building, Land, Leases, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 9
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: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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1563 Charles Avenue | MLS# 7152580
This commercial property located at 1563 Charles Avenue, Saint Paul, MN 55104 is currently listed for sale with an asking price of $725,000. Charles Avenue is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealty.org today.