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197 Kent Street, Saint Paul, MN 55102

Status: For Sale

4 units
4,748 sq ft 4 garage spaces

$925,000

$70,000 from List Price

WELCOME HOME

Get to know this property.

Rare opportunity to own a 4-unit investment property in one of Saint Paul's most sought-after neighborhoods. Located in Cathedral Hill, steps from Grand Avenue's premier dining and shopping and Summit Avenue's historic boulevard, this well-maintained building offers a great opportunity. Each unit is individually metered with tenants paying their own gas and electric, keeping operating costs lean. All four units an assigned garage stall. Recent capital improvements include updated kitchens and baths, new HVAC and AC units per unit, new decks installed in 2023, and a replaced roof. Occupied with long-term tenants and a strong rental history. The property's condominium structure also creates potential future upside for individual unit sales. Investors will find it difficult to replicate this combination of location, condition, and cash flow at this price point in the Saint Paul market.

The details that matter.

General Property Information for 197 Kent Street, Saint Paul, MN 55102 - MLS# 7086068
Bedrooms and Bathrooms
Total Bedrooms:
8
Total Bathrooms:
7
Size and Multi Family Residence
Year Built:
1889
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
2 Story
Total SqFt:
4,748
Total Fnsh'd SqFt:
4,748
Above Ground SqFt:
5,068
Finished Above Grade:
4,748
Below Ground SqFt:
0
Finished Below Grade:
0
Garage Stalls:
4
Garage SqFt:
197
Main Floor SqFt:
4,748
Approx Lot Dimensions:
71 x 118
Approx Number of Acres:
0.191
Income and Expenses
Gross Income:
$89,712
Total Expenses:
$0

A closer look at the location.

Head East/Northeast on West 7th Street (MN-5) toward downtown St. Paul.Turn left onto I-35E North.Merge onto I-94 West (toward Minneapolis) via exit 107A.Take the Dale Street exit (Exit 240) and turn left (south) onto N Dale Street.Continue south on Dale Street, then turn left onto Dayton Avenue.Tur

This listing has been entered by the following office: Compass

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All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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