2144 W University Avenue
Saint Paul, MN 55114

Commercial
  • 0.37acres
$1,250,000
Est. P&I payment: $4774.15/mo
2144 W University Avenue, Saint Paul, MN 55114
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Description for 2144 W University Avenue, Saint Paul, MN 55114
Older lower price-point residential hotel located in the Midway District on busy University Ave between Mpls & St Paul. Tenants use mostly Mass Transit. Very High Occ. New Windows, Paint & Carpet in All Rooms in 2017. Daily, Weekly, Monthly Rates. Cap Rate 11.00%+. Green Line Passes in Front of Building with Stops within 3 Blocks either Direction. Bus Stops within 3 Blocks also. Various Types of Eateries within Easy Walking Distance. Showings Booked Through Broker Only.
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My Notes for MLS #4899387

General Features

  • Acres: 0.37
  • Current Use: Hotel/Motel
  • Foreclosure Status: No
  • Year Built: 1915
  • Sale Includes: Business,​Building,​Land,​Fixture/Equipment
  • Total Number of Units: 35
  • Status: Active

Exterior Features

  • Exterior: Brick/Stone
  • Parking Characteristics: Uncovered/Open,​Driveway - Asphalt,​Unassigned
  • Road Frontage: City,​Paved Streets,​Curbs,​Sidewalks
  • Lot Description: City Bus (w/in 6 blks),​Other
  • Lot Dimensions: .37 ac
  • Other Parking Spaces: 21

Interior Features

  • Building Finished Square: 7,950
  • Handicap Accessible: None
  • Roof: Flat,​Age Over 8 Years

Utilities Features

  • Appliances: Microwave,​Refrigerator
  • Heating: Hot Water
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Number of Refrigerators: One Per Unit
  • Sewer: City Sewer/Connected

Financial Features

  • Tax Amount: 21,733
  • Tax With Assessments: 23,356
  • Tax Year: 2017

Community Features

  • County: Ramsey
  • Municipality: Saint Paul
  • Postal City: Saint Paul (MN)
  • Neighborhood: St. Anthony Park

School Features

  • School District: 625 - St. Paul
  • School District Phone: 651-767-8100

Misc Features

  • Amenities - Shared: Coin-op Laundry Owned
  • Foundation Size: 2,650
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
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Directions to 2144 W University Avenue, Saint Paul, MN 55114
Cretin-Vandalia Exit to University, Property on Right.
The listing information for 2144 W University Avenue, Saint Paul, MN 55114 was graciously provided by our friends at the listing brokerage, Stonebrook Properties

Get Financing for 2144 W University Avenue, Saint Paul, MN 55114

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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($ or %)
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P&I Payment $4774.15
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Last Updated 01/19/2018 at 2:39am
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