Saint Paul, MN 55107,729 Oakdale AVE
Saint Paul, MN 55107,729 Oakdale AVE
Saint Paul, MN 55107,729 Oakdale AVE
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$2,600,000
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0.52 Acres Lot
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729 Oakdale AVE Saint Paul, MN 55107

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision The W St Paul Re&Imp Synd 1

MLS Listing ID 6815535

Year Built 1963

Annual Tax Amount $43,226

Tax Year 2025

Contingent None

Lot Size 0.520 Acres

Acres 0.52

Lot Dimensions 200 x 110

Property Sub-Type Apartment

Property Description

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.

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Egress Window(s), Finished, Full

Interior

Heating Hot Water

Cooling Wall Unit(s)

Inclusions Building, Land, Rental License

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Detached, Parking Lot

Garage Spaces 10.0

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat,Rubber

Present Use Residential

Building

Lot Description Corner Lot

Story Three Or More

Foundation 6600

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District St. Paul


Listed by Nathan Opatz • Apartment Cash Flow, Inc.

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Corey Nicholas Collins

Corey Nicholas Collins

Agent | License ID: 20595053

+1(612) 564-2491

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729 Oakdale AVE