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$1,400,900

0 Beds 0 Baths 9,472 SQFT 0.33 Acres
Type: Commercial

330 Magnolia Avenue E
Saint Paul, MN 55130

MLS#: 7151047
Dan Frank
Dan Frank
The Real Estate Advantage
Agent
Phone: 612.730.9118
Office: 952.470.7600
Presented by: ScaleUp CRE

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.


 

Interior Features

Other Interior Features

BasementBlock, Partial
Basement (Y/N)Yes
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
Amenities UnitHardwood Floors, Kitchen Window, Natural Woodwork, Security System, Tile Floors
AppliancesRange, Refrigerator
Association AmenitiesCoin-op Laundry Owned, Security Building
CitySaint Paul
ContingencyNone
CoolingWall Unit(s), Window Unit(s)
CountyRamsey
Current UseResidential
DirectionsMaryland To Westminster, South To Magnolia Ave East, On SW Corner
Garage Spaces0
Gross Income77561
HeatingBoiler, Hot Water
High School DistrictSt. Paul
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense5538.22
Net Operating Income34191.66
New ConstructionNo
Number Of Units Total14
Operating Expense43369.34
OwnerPaysFuel, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
Pool FeaturesNone
PostalCitySaint Paul
Property TypeCommercial Sale
RoofAge Over 8 Years, Asphalt, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMcmenemys Sub A
Tax Annual Amount$22,284
Tax Year2026
Tenant PaysCable TV, Electricity
Trash Expense1606.01
UtilitiesElectric Separate, Heating Common, Hot Water Common
Water Sewer Expense2937.09
Year Built1962
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total9,472 sqft
FencingNone
Foundation Area4,736 sqft
InclusionsBuilding, Land, Leases
Lot Dimensions123x117
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot
Lot Size Area0 sqft
Parking FeaturesPaved Lot, Unassigned, Open
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Street Lights
Road ResponsibilityPublic Maintained Road
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

$1,400,900

0 Beds 0 Baths 9,472 SQFT 0.33 Acres
Type: Commercial

330 Magnolia Avenue E
Saint Paul, MN 55130

MLS#: 7151047
Dan Frank
Dan Frank
The Real Estate Advantage
Agent
Phone: 612.730.9118
Office: 952.470.7600