MN
Ramsey
Saint Paul
55104
1631 Charles Avenue
1631 Charles Avenue, Saint Paul, MN 55104
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Listing Type
Commercial/Industrial
Listing Status
active
10
$1,395,000

Home Details for 1631 Charles Avenue

Price
$1,395,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1940
Lot size acres
0.17
County
Ramsey
Garage
Basement
Finished, Full, Concrete, Partially Finished, Daylight
Days on site
101
MLS Listing#
6739015
Property Description

Charles Place apartments presents a unique value-add investment opportunity right in the heart of Saint Paul within walking distance to the newly built Allianz Stadium where the MN United soccer team plays! This whole Merriam Park neighborhood currently is in an opportunity zone and is getting transformed into a trendy and upscale destination. Take advantage of this opportunity to acquire 15 units, all-brick exterior, built in 1940 with original oak hardwood flooring and original doors and plaster coved ceilings. All units are currently occupied and leased and ready for new owners to take over!! Stabilized with zero delinquencies - 7.11% Cap Rate!!

Property Features
  • Basement
    • Finished
    • Full
    • Concrete
    • Partially Finished
    • Daylight
  • Heating Information
    • Natural Gas
    • Hot Water
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: Apartment Cash Flow, Inc. - 651-263-3653
NorthstarMLS logo Based on information submitted to the MLS GRID as of 2025-09-04 06:16:43. 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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