For Sale Commercial MLS# 7152580

1563 Charles Avenue

Saint Paul, MN 55104

$725,000

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About 1563 Charles Avenue

Charles apartments presents a unique opportunity to buy with seller financing. Achieve a higher return on your investment by structuring a deal that works for you. This property features two buildings. In front is a fully occupied eight unit with four 2-bd, 1ba and four 1-bd and 1ba apartments. In the rear is a carriage house that comes with the sale and was built in 1910. Current in-place rents are $856 for the one bedrooms and $1,075 a month for the two bedrooms. Onsite coin laundry and extra storage lockers in the basement. The main building was built in 1911 and has hardwood floors, tall ceilings and loads of original trim and doors.

Option to buy the 8-units to the north at 1562 Edmund Ave for $650,000

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1911
Stories
Two
Living area
7,036 sqft
Price / sqft
$103
Lot
0.109
Original price
$725,000
MLS #
7152580

Interior

Features
Window Unit(s), Boiler, Hot Water, Full, Tile, Wood, Range, Refrigerator
Appliances
Range, Refrigerator
Flooring
Tile, Wood
Heating
Boiler, Hot Water
Cooling
Window Unit(s)

Exterior & lot

Features
Stucco, Driveway - Other Surface, On-Street Parking Only
Construction
Two, Block, Age Over 8 Years, Flat
Roof
Age Over 8 Years, Flat
Foundation
Block
Lot
342923230154, Residential
Parking
Driveway - Other Surface, On-Street Parking Only

Schools

District
St. Paul Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Separate, Heating Common, Hot Water Common
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$12,780
Tax year
2026
Parcel
342923230154

Location

Subdivision
Hamline Syndicate Add, No3
County
Ramsey
Neighborhood
Hamline-Midway
Community
Ramsey, City Street, northstar, St. Paul
Directions
Highway 94 to Snelling / North to Charles / West to property

Location

Neighborhood
Hamline-Midway
Subdivision
Hamline Syndicate Add, No3
School district
St. Paul Public School District

Ask about this property

Questions on 1563 Charles Avenue, Saint Paul, MN 55104, or want to see it in person?

Listed by Nathan P. Opatz, Apartment Cash Flow, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.