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$5,750,000

3 Beds 2 Baths 67,752 SQFT 1.62 Acres
Type: Commercial

985 Ivy Avenue E
Saint Paul, MN 55106

MLS#: 7150234
Scott Frank
Scott Frank
The Real Estate Advantage
Real Estate Agent
Phone: 612.532.5102
Office: 952.226.7700
Presented by: MRG Realty Partners, LLC

Property Description

 

Phalen Shores is a 53 Unit market-rate multifamily building built in 1987, and situated on the edge of Phalen Regional Park.

 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths2

Other Interior Features

Basement (Y/N)No
Foundation Dimensions180x63
FuelNatural Gas

General

AccessibilityAccessible Elevator Installed
Additional Parcels Description212922310011, 212922310012, 212922310010
Additional Parcels Y/NYes
CitySaint Paul
Construction MaterialsBrick, Concrete
ContingencyNone
CoolingWall Unit(s)
CountyRamsey
Current UseResidential
DirectionsFrom Maryland Ave E, go north on Forest St to Ivy Ave E. The property is at Forest St and Ivy Ave E, on the west edge of Phalen Regional Park.
Garage Spaces23
Gross Income867255
HeatingBoiler, Hot Water
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total53
PostalCitySaint Paul
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NamePhalen Shores
Tax Annual Amount$108,578
Tax Year2026
UtilitiesElectric Common, Electric Separate, Heating Common, Hot Water Common
Year Built1987
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total67,752 sqft
Foundation Area11,292 sqft
InclusionsBuilding, Land
Lot Dimensions~366' x ~366
Lot Size Area1 sqft
Parking FeaturesHeated Garage, Parking Lot, Shared Garage/Stall, Underground
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$5,750,000

3 Beds 2 Baths 67,752 SQFT 1.62 Acres
Type: Commercial

985 Ivy Avenue E
Saint Paul, MN 55106

MLS#: 7150234
Scott Frank
Scott Frank
The Real Estate Advantage
Real Estate Agent
Phone: 612.532.5102
Office: 952.226.7700

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