For Sale: Saint Paul MLS# 6545345
Active
$2,499,000
Commercial: Apartment,Business,Low Rise,Other
Built 1894
0.61 acres
St. Paul schools
MLS# 6545345
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Property Description
This 9BR 14BA Victorian estate situated on .61 acres isn’t just any Mansion in coveted historic hill of St Paul—it’s a unique income-producing property comprised of a fully-furnished Bed & Breakfast, luxurious Owner’s Suite + 3rd floor apartment, a commercial addition leased to a Preschool, & Caretaker’s house. The B&B: 4 ensuite Guest BRs, Parlor, Dining Room, fireplaces, balconies, turret, commercial kitch, historic detailing thru-out, & solid 10-yr book of business w/ excellent reviews! The Owner’s Residence (former “servants’ quarters”) has high-end kitchen (Sub-Zero, Capital, Miele, Cambria), Master BR Suite w/ carrara marble BA, & wine cellar. Spacious 3rd flr apartment has 4BRs, can be combined w/ the Owner’s Suite for 5BR residence, or used as short or long-term rental. Whole house remodel as the ASID Interior Design Showcase Home in 2013! 5200sf midcentury add’n for preschool provides steady flow of lease income, or can be redeveloped as luxury condos. Rare opportunity here!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,499,000
Property Type:
Commercial
City:
Saint Paul
County:
Ramsey
Year Built:
1894
State:
MN
Property Style:
Apartment, Business, Low Rise, Other
Zip Code:
55102
Neighborhood/Area:
Summit-University
Subdivision Name:
Dayton & Irvines Add
Interior
Ceiling Height:
11-15
Ranges:
Four
Refrigerators:
Four
Appliances Included:
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Gas Water Heater
- Range
- Refrigerator
- Stainless Steel Appliances
- Wall Oven
- Washer
Basement Details:
- Block
- Brick/Mortar
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
- Partially Finished
- Shared Access
- Stone/Rock
- Unfinished
Exterior
Stories:
Three Or More
Other Parking Spaces:
12
Air Conditioning:
Central Air, Window Unit(s), Zoned
Foundation Size:
5,553 ft2
Handicap Accessible:
Doors 36"+, Accessible Elevator Installed, Grab Bars In Bathroom, Hallways 42"+, Partially Wheelchair, Roll Under Accessibility
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Fireplace(s)
- Forced Air
- Radiant Floor
- Radiator(s)
- Steam
- Zoned
Parking Features:
- Guest Parking
- Open
- Parking Lot
- Paved
Shared Amenities:
- Elevator(s)
- Fire Sprinkler System
- Security
Unit Amenities:
- Balcony
- Cable
- Hardwood Floors
- In-Ground Sprinkler
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Multiple Phone Lines
- Natural Woodwork
- Primary Bedroom Walk-In Closet
- Security Lights
- Security System
- Tile Floors
- Vaulted Ceiling(s)
- Walk-In Closet
- Walk-Up Attic
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
Brick/Stone
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.61
Geolocation:
44.9476776931, -93.1136591607
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Lot Dimensions:
124 x 167
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
- Corner Lot
- Irregular Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Caretaker Expense:
$914
Annual Fuel Expense:
$18,512
Annual Insurance Expense:
$5,166
Annual Maintenance Expense:
$12,338
Annual Gross Expense:
$76,353
Annual Trash Expense:
$1,589
Annual Water/Sewer Expense:
$4,224
Tenant Expenses:
Insurance
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$29,969
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$31,094
Income
Annual Gross Income:
$243,716
Rent
Annual Net Income:
$167,363
Units
Total Units:
5
Miscellaneous
Current Use:
- Bed & Breakfast
- Commercial
- Event Space
- Other
- Residential
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Heating Separate
- Hot Water Common
- Hot Water Separate
Water System:
- City Water - In Street
- City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of 325 Dayton 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.