$ 1,295,000
-
$1,295,000
Price -
7,800
SqFt -
0.39
Acre
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About the Listing 27376 - 506069385
Morton Street Apartments is a very attractive and well maintained 12-unit apartment building located within walking distance to both the Belvidere and Bluff Parks in Saint Paul, Minnesota. This property offers an exceptional opportunity to acquire a solid, fully-occupied investment in a desirable neighborhood of St. Paul. With a strong history of occupancy, consistent operations, and a focus on long-term maintenance, Morton Apartments is super clean and provides immediate cash flow. The main and upper floor units feature refinished original hardwood flooring. The property includes on-site coin-operated laundry, updated vinyl replacement windows and a 10-car off-street parking lot. Unit mix is ten one-bedroom, one bath and one Studio, one bath. The average 1-bd rent is $1,060 and average studio is $890. Built in 1963 and perfectly situated on a 0.39 acre corner lot. This makes for a great 1031 option coming out of a smaller rental property. Close to the Minneapolis International Airport, plenty of employment and downtown Saint Paul.
Listing Highlights
Interior Details
- Appliances: Range, Refrigerator
- Air Cond: Wall Unit(s)
- Heating: Boiler,Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Basement: Block,Finished,Full
- Other: Cable,Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Tile Floors,Walk-In Closet
- Water: City Water/Connected
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Lot Dimensions: 90 x 180
- Zoning: Residential-Multi-Family
- Roof: Age Over 8 Years,Asphalt,Pitched
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Asphalt,Parking Lot,Paved Lot
Financial Details
- Tax Amount: $19,036
- Taxes w/Assessments: N/A
- Tax/Property ID: 082822310101
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
149 Morton St E Saint Paul, MN 55107
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