Saint Paul, MN 55104,1631 Charles AVE
Saint Paul, MN 55104,1631 Charles AVE
Saint Paul, MN 55104,1631 Charles AVE
Saint Paul, MN 55104,1631 Charles AVE
Saint Paul, MN 55104,1631 Charles AVE
Saint Paul, MN 55104,1631 Charles AVE
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Sarah Carlson

Sarah Carlson

+1(763) 370-2400
$ 1,380,000
Est. payment | /mo

7,405 Sqft Lot

Save
$ 1,380,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Condo, Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Stierle, Mcconville &, Seegers

MLS Listing ID 6739015

Year Built 1940

Annual Tax Amount $24,792

Tax Year 2025

Contingent None

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50 x 120

Property Sub-Type Apartment

Property Description

Charles Place apartments presents a unique value-add investment opportunity right in the heart of Saint Paul within walking distance to the newly built Allianz Stadium where the MN United soccer team plays! This whole Merriam Park neighborhood currently is in an opportunity zone and is getting transformed into a trendy and upscale destination. Take advantage of this opportunity to acquire 15 units, all-brick exterior, built in 1940 with original oak hardwood flooring and original doors and plaster coved ceilings. A newer Lochinvar Knight hot water boiler system was installed in 2012 and newer water heaters in 2010. The whole building received newer Andersen Series 100 windows in 2018. Electrical panels to each unit are on 60-amp breakers. All units are currently occupied and leased and ready for new owners to take over!! Stabilized with zero delinquencies and a current in place 7.32% Cap Rate!!

Location

State MN

County Ramsey

Zoning Residential-Multi-Family

Rooms

Basement Daylight/Lookout Windows, Finished, Full, Concrete, Partially Finished

Interior

Heating Boiler, Hot Water

Cooling Window Unit(s)

Inclusions Building, Land, Leases, Rental License

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat

Present Use Residential

Building

Lot Description Some Trees

Story Three Or More

Foundation 3420

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District St. Paul

Listed by Nathan Opatz • Apartment Cash Flow, Inc.

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Jie Ming Mandarin Immersion Academy

    Public | KG - 2

  • 8

    Red Rock Elementary

    Public | PK - 5

  • 8

    Twin Cities German Immersion Charter

    Public | KG - 8

  • 8

    Nova Classical Academy

    Public | KG - 5

  • 7

    Hiawatha Community School - Howe Campus

    Public | 3 - 5

  • 7

    St. Anthony Park Elementary School

    Public | KG - 5

  • 7

    Horace Mann School

    Public | KG - 5

  • 7

    Falcon Heights Elementary

    Public | PK - 6

  • 7

    Great River School

    Public | 1 - 12

  • 6

    Randolph Heights Elementary School

    Public | PK - 5

  • 6

    Great River Elementary School

    Public | 1 - 6

  • 5

    Dowling Elementary School

    Public | KG - 5

  • 5

    Groveland Park Elementary School

    Public | PK - 5

  • 5

    EXPO for Excellence Elementary

    Public | PK - 5

  • 5

    Higher Ground Academy

    Public | KG - 8

  • 5

    Cyber Village Academy

    Public | 3 - 12

  • 5

    Chelsea Heights Elementary School

    Public | KG - 5

  • 5

    Como Park Elementary School

    Public | PK - 5

  • 4

    Laura Jeffrey Academy Charter

    Public | 5 - 8

  • 4

    Linwood Monroe Arts Plus - Lower

    Public | KG - 3

Middle Schools 10
  • 9

    Nova Classical Academy Upper School

    Public | 6 - 12

  • 6

    Avalon Middle School

    Public | 6 - 8

  • 6

    High Ground Secondary Academy

    Public | 7 - 12

  • 4

    Sanford Middle School

    Public | 6 - 8

  • 3

    Ramsey Middle School

    Public | 6 - 8

  • 2

    Murray Middle School

    Public | 6 - 8

  • 0

    Anna Westin House

    Public | 6 - 12

  • 0

    Transition for Success

    Public | 6 - 12

  • 0

    Gordon Parks High School

    Public | 7 - 12

  • 0

    Area Learning Center Secondary Special Sites

    Public | 6 - 12

High Schools 13
  • 6

    Central High School

    Public | 9 - 12

  • 5

    Avalon School

    Public | 9 - 12

  • 4

    Hmong College Preparatory Academy High School

    Public | 9 - 12

  • 2

    Minnesota Online High School

    Public | 9 - 12

  • 2

    Como Park Senior High School

    Public | 9 - 12

  • 1

    High School for Recording Arts

    Public | 9 - 12

  • 1

    Community Campus

    Public | 9 - 12

  • 0

    Jennings Experiential High School

    Public | 9 - 12

  • 0

    Leap High School

    Public | 9 - 12

  • 0

    Cretin Derham Hall

    Private | 9 - 12

  • 0

    Area Learning Center Online School

    Public | 9 - 12

  • 0

    Area Learning Center Evening High School

    Public | 9 - 12

  • 0

    Area Learning Center Connections

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Sarah Carlson
Sarah Carlson

Realtor | Lic# Lic# 20325212

+1(763) 370-2400

1893 Station Pkwy, Andover, MN, 55304

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1631 Charles AVE