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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 1,300,000

Est. payment -/mo

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Active

195 Lexington Pkwy N Saint Paul, MN 55104

0.35 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Anna E Ramsey Add

MLS Listing ID 7028626

Year Built 1921

Annual Tax Amount $28,058

Tax Year 2026

Contingent None

Lot Size 0.355 Acres

Acres 15463.8

Lot Dimensions 119 x 130

Property Description

This is a unique opportunity to acquire thirteen well-appointed apartments located in the heart of the Summit University and Union Park neighborhoods of Saint Paul, Minnesota. Stunning curb appeal, featuring 100% all brick and stone exterior. All the roofs have recently been replaced in 2021. The unit mix is all one bedroom, one bath with original oak hardwood floors and trim. Newer hot water boiler system and water heaters. Large double corner lot with over 0.35+ acres, twelve detached garages and a patio area for residents. This asset is the perfect property to buy in your 1031 IRC Tax Exchange!!

The neighborhood is centrally located and offers numerous restaurants, coffee shops, and parks, such as Linwood, Merriam, Iris, Cathedral Hill, and Western Sculpture Parks. Highly walkable with great access to public transportation along Lexington and the University METRO Green Line light rail. Just north of the historic Summit avenue with affluent mansions, churches, and colleges.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Block, Full

Interior

Heating Hot Water

Cooling Window Unit(s)

Flooring Tile, Wood

Inclusions Building, Land, Leases, Rental License

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Detached Garage, Paved Lot

Garage Spaces 12.0

Fence None

Pool None

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age 8 Years or Less,Asphalt,Flat,Pitched,Rubber

Present Use Residential

Building

Lot Description Corner Lot, Tree Coverage - Light

Story Three Or More

Foundation 3000

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Block,Brick

New Construction false

Schools

School District St. Paul

Listed by Nathan Opatz • Apartment Cash Flow, Inc.

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

195 Lexington Pkwy N Saint Paul, MN 55104

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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