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
Features of 1563 Charles Avenue
| MLS® # | 7152580 |
|---|---|
| Price | $725,000 |
| Acres | 0.11 |
| Year Built | 1911 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1563 Charles Avenue |
|---|---|
| Area | 93 |
| Subdivision | Hamline Syndicate Add, No3 |
| City | Saint Paul |
| County | Ramsey |
| State | MN |
| Zip Code | 55104 |
Amenities
| Utilities | Electric Separate, Heating Common, Hot Water Common |
|---|---|
| Parking | Driveway - Other Surface, On-Street Parking Only |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Boiler, Hot Water |
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Stucco |
|---|---|
| Lot Description | Corner Lot, Tree Coverage - Light |
| Roof | Age Over 8 Years, Flat |
| Construction | Block |
School Information
| District | St. Paul |
|---|
Additional Information
| Days on Market | 14 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Apartment Cash Flow, Inc. |
|---|