MN
Ramsey
Saint Paul
55106
222 Frank Street
222 Frank Street, Saint Paul, MN 55106
Listing Type
Commercial/Industrial
Listing Status
active
32
$500,000

Home Details for 222 Frank Street

Price
$500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1912
Lot size acres
0.11
County
Ramsey
Garage
Days on site
8
MLS Listing#
6678042
Listing Courtesy: Keller Williams Premier Realty - 651-379-5252
Property Description

Seize this exceptional chance to acquire a low-maintenance, multi-family property boasting an impressive 8.76% cap rate. Built in 1912 and comprehensively updated: including a new roof in 2023, this 2,808 sq ft building comprises multiple 1-bedroom units. Notably, rents are 90% guaranteed, ensuring a reliable income stream. Situated in the vibrant Dayton's Bluff neighborhood, the property is within walking distance to the historic Indian Mounds Regional Park, offering scenic views of the Mississippi River and the St. Paul skyline. Residents will appreciate proximity to downtown Saint Paul, providing easy access to shopping, dining, and entertainment. Public transportation options are readily available, enhancing tenant convenience. With its strategic location, strong rental history, and recent capital improvements, 222 Frank Street stands out as an ideal investment for discerning investors seeking stable returns and long-term growth potential

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
  • Water Features
    • Public
  • Parking
    • On Street
NorthstarMLS logo Based on information submitted to the MLS GRID as of 2025-03-01 12:15:38. 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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