729 Oakdale Ave., St Paul, MN 55107

This is an amazing opportunity to acquire a solid well-built 23-unit apartment building close to the Cherokee Park neighborhood of Saint Paul and near West Saint Paul & South St. Paul cities in Minnesota.

Built in 1963 the unit make-up is twelve 2-bedroom and eleven 1-bedroom apartments all with one full bathroom. Beautiful all-brick exterior with three stories and spread across an oversized 0.52-acre corner lot. Fully rented, on-site coin laundry and a newer hot water heater! Average two-bedroom rents are at $1,184 and one-bedroom rents at $1,049. There are five two-car double garages that are 100% occupied and bring in extra cash flow. Located on a bus route and near highways 52, 494, and 94

729 Oakdale Ave is the perfect investment property to buy with doing a 1031 IRC tax exchange from the sale of your smaller 4-10 units. Increase your monthly cash flow and take advantage of your tax benefits with new depreciation.

This is an amazing opportunity to acquire a solid well -built 23 -unit apartment building close to Cherokee Park neighborhood in Saint Paul ,MN. Unit mix offers twelve two -bedroom and eleven one -bedroom all with one bathroom. All brick exterior, three stories and is sitting on 0.52 -acre corner lot. Fully rented, on -site coin laundry and a newer water heater! Average two -bedroom rents are at $1,184 and one -bedroom rents are at $1,049. Includes five two -car double garages!