For Sale: Saint Paul MLS# 6714009
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Property Description
This well-maintained building features a mix of spacious units, offering stable, long-term tenants and consistent cash flow. Situated in a growing rental market near schools, parks, public transit, and downtown amenities, this location supports both high occupancy and rental demand.
Highlights include:
7 fully leased units with reliable rental history
Sturdy brick and block construction for low-maintenance ownership
Convenient access to I-94, downtown Saint Paul, and public transportation
Opportunity for rent increases or light value-add improvements
Whether you're a seasoned investor or just getting started, 400 Van Buren Ave offers the perfect blend of immediate income and long-term stability. Don't miss your chance to own a cash-flowing asset in a prime Twin Cities location.
Schedule your showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$650,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1909
State:
MN
Property Style:
Apartments
Zip Code:
55103
Neighborhood/Area:
Thomas-Dale (Frogtown)
Interior
Basement Details:
Full
Exterior
Garage Spaces:
0
Other Parking Spaces:
7
Foundation Size:
3,000 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Gravel
Shared Amenities:
None
Road Frontage:
City Street
Exterior Material:
- Block
- Brick/Stone
Lot & Land
Geolocation:
44.961800345, -93.1171763635
Inclusions:
Building
Lot Dimensions:
80 x 70
Zoning:
Residential-Multi-Family
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,702
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,702
Income
Annual Gross Income:
None
Rent
Annual Net Income:
$69,264
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of LPT Realty, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.