MN > Saint Paul > Suburban Hills
Saint Paul, MN 55106,222 Frank ST
Saint Paul, MN 55106,222 Frank ST
Saint Paul, MN 55106,222 Frank ST
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Thomas DeMaio

Thomas DeMaio

Realty ONE Group Choice

+1(215) 622-0620
$500,000
Est. payment /mo
4,791 Sqft Lot
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UPDATED:

03/01/2025 05:51 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Suburban Hills

MLS Listing ID 6678042

Year Built 1912

Annual Tax Amount $8,672

Tax Year 2024

Contingent None

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type Apartment

Property Description

Seize this exceptional chance to acquire a low-maintenance, multi-family property boasting an impressive 8.76% cap rate. Built in 1912 and comprehensively updated: including a new roof in 2023, this 2,808 sq ft building comprises multiple 1-bedroom units. Notably, rents are 90% guaranteed, ensuring a reliable income stream. Situated in the vibrant Dayton's Bluff neighborhood, the property is within walking distance to the historic Indian Mounds Regional Park, offering scenic views of the Mississippi River and the St. Paul skyline. Residents will appreciate proximity to downtown Saint Paul, providing easy access to shopping, dining, and entertainment. Public transportation options are readily available, enhancing tenant convenience. With its strategic location, strong rental history, and recent capital improvements, 222 Frank Street stands out as an ideal investment for discerning investors seeking stable returns and long-term growth potential

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Interior

Heating Hot Water

Inclusions Building

Fireplace No

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Age 8 Years or Less

Present Use Residential

Building

Story Two

Foundation 988

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Vinyl Siding

Schools

School District St. Paul

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Listed by Vance Ross • Keller Williams Premier Realty

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agent
Thomas DeMaio

Associate Broker SRES® ABR® | License ID: 40590579

+1(215) 622-0620 | youragenttom@gmail.com

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