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197 Kent Street, Saint Paul, MN 55102
$995,000
197 Kent Street
Courtesy of Compass, Stephanie Chandler Group Listing Contact:  

197 Kent Street

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.
  • 8 BEDS
  • For Sale
  • 1889 BUILT
  • 8,319.96 Sq.Ft. LOT
  • 4,748 Sq.Ft.

Features & Amenities

Area & Lot

  • Status:For Sale
  • LIVING SPACE:4,748 Sq.Ft.
  • TOTAL AREA:5,068 Sq.Ft.
  • LOT SIZE:8,319.96 Sq.Ft.
  • MLS® ID:7086068
  • Type: Multi-Family
  • Year Built:1889
  • Neighborhood:ST. PAUL
  • School District:St. Paul

Interior

  • Total Bedrooms:8
  • Total Bathrooms:7

Exterior

  • Stories: 2
  • Garage Space: 4.0
  • Water Source: City Water/Connected
  • Heat Type:Forced Air
  • Sewer:City Sewer/Connected
  • Disability Features:None

Financial

  • SALES PRICE $995,000
  • REAL ESTATE TAXES $4,946/yr

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ST. PAUL

St. Paul is the capital of the U.S. state of Minnesota and the county seat of Ramsey County.

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