CENTURY 21 Atwood
Listed by CENTURY 21 Atwood
$765,000
280 Winifred Street W
Details
Property Type Special Purpose
Sub Type Other
Square Footage 5,460
Units 6
Cap Rate 8.78%
NOI $67,179
Year Built 1964
Buildings 1
Acreage 0.140
Six-unit brick apartment building on Saint Paul's West Side
Marketing description
Six-unit brick apartment building on Saint Paul's West Side, renovated in 2022 and in solid shape. Roof replaced October 2013, siding and gutters replaced August 2014. Every unit was updated in 2022 — LVP flooring, refreshed kitchens with new cabinets and counters, and renovated bathrooms throughout. The building and units have electronic keypad entrys and camera coverage at the front door, parking lot, and laundry room. Six off-street parking spaces and laundry is included in rent. Unit mix is one 1-bed/1-bath and five 2-bed/1-bath units. Five units are currently occupied; Unit 1 is held vacant for showings. Metro Transit bus stop right at the corner. Downtown Saint Paul is minutes away. The West Side is a tight-knit, established neighborhood with easy access to I-35E and the river bluffs. A clean, stabilized asset with a 2022 renovation already behind it.
Listing Contacts
CENTURY 21 Atwood
Listed by CENTURY 21 Atwood
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,179.00
$5,598.25/mo
Valuation Metrics
0
DSCR
8.78%
Cap Rate
8.78%
ROI
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