MN
Ramsey
Saint Paul
55102
583 Holly Avenue
583 Holly Avenue, Saint Paul, MN 55102
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Listing Type
Commercial/Industrial
Listing Status
active
42
$1,097,000

Home Details for 583 Holly Avenue

Price
$1,097,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1890
Lot size acres
0.16
County
Ramsey
Garage
Days on site
194
MLS Listing#
6642470
Property Description

This historic 8-unit brownstone in St. Paul’s Summit-University features 7-2 bedroom, and 1-1 bedroom units, each with 10ft+ ceilings, hardwood floors, natural woodwork, split entrances, and original wood details like built-in buffets, beams, cabinets and woodwork. Perfect for the work-from-home investor with separated living/work areas and balconies. Units are spacious and the extra space is commonly used as a 3rd bedroom or office. A sought-after & walkable location near dining and shops, off-street parking creates strong rental demand. Spacious storage in the basement with a partially finished bathroom and coin-operated laundry machines owned by the seller. Investors hedge their risk against utility inflation with tenants having separate meters for Gas & electricity. Tenants pay their own heat and new owners could implement "RUBs" to charge back for water, sewer & trash. Rents are below market and some tenants are currently MTM giving investors the flexibility to implement their own leases & procedures post acquisition.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • Parking Lot
Listing Courtesy: MRG Realty Partners, LLC - 651-900-4386
NorthstarMLS logo Based on information submitted to the MLS GRID as of 2025-09-04 05:39:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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EXIT REALTY SPRINGSIDE
7876 Hudson Road, Suite 10, Woodbury, MN 55125
Office
866 709 7770
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