Saint Paul, MN 55104
New Listing
$1,550,000
Property Type:
Commercial
Bedrooms:
1
Baths:
1
Square Footage:
15,000
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$1,550,000
List Date:
6/25/2026
Last Modified:
6/25/2026
Overview
Description
Listing Details MLS# 7099030
General Property Information
- Lot Measurement
- Acres
- Management Company Name
- Relay Properties
- Multiple PIDs?
- No
- Other Parking Spaces
- 2
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1920
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 5500
- Management Company Phone
- 651-515-1494
- Power Company
- Xcel Energy
- For Sale or Lease
- For Sale
- Acres
- 0.18
- Lot Dimensions
- 60x150
- Assessment Pending
- No
- Garage Stalls
- 0
Property Features
Accessible:
None
Air Conditioning:
None
Amenities Shared:
Coin-op Laundry Owned; Concrete Floors & Walls
Amenities Unit:
Hardwood Floors; Natural Woodwork
Appliances:
Dishwasher; Range; Refrigerator
Assumable Loan:
Not Assumable
Basement:
Concrete Block; Storage/Locker
CMU Style:
Apartments/Multi Family
Construction Materials:
Brick; Frame
Construction Status:
Previously Owned
Current Use:
Residential
Existing Financing:
Other
Exterior:
Brick Veneer; Stucco
Flooring:
Wood
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Boiler
Loan Terms:
Cash; Conventional
Lock Box Type:
None
Lot Description:
Corner Lot
On Site Utilities:
Electric Separate; Heating Common; Hot Water Common
Owner Pays:
Exterior Maintenance; Gas; Grounds Care; Heat; Lawn; Lawn; Maintenance/Repair; Management
Parking Characteristics:
Uncovered/Open
Rental License Type:
Standard
Roof:
Age 8 Years or Less
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Electricity; Telephone
Wall Description:
Plaster
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 1550000
- Owner is an Agent?
- Yes
- Auction?
- No
Location Tax and Other Information
- Postal City
- Saint Paul
- County
- Ramsey
- State
- MN
- Zip Code
- 55104
- Complex/Dev/Subdivision
- Schroeders Add To, The Circle
Assessments
- Tax With Assessments
- 27970
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 50x105
- Concrete Block
- Yes
- Storage/Locker
- Yes
More Information
Building Information
- Building Finished SqFt
- 12000
- Building SqFt
- 15000
- Ceiling Height
- 8-10
Income and Expenses
- Annual Gross Expenses
- 95311
- Annual Gross Income
- 201064
- Annual Net Income
- 105753
- Total Annual Expenses
- 95311
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 04
- Township#
- 28
Sale Options
- Sale Includes
- Building, Land
Unit 1
- No. of 1 Bedroom Units
- 12
Unit 2
- No. of 2 Bedroom Units
- Yes
Unit Details
- Total Units
- 13
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- SCHROEDERS ADDITION TO THE CI LOT 1 BLK 12
- Listing City
- Saint Paul
- Map Page
- 107
- Municipality
- Saint Paul
- School District
- St. Paul
- School District Phone
- 651-767-8100
- Zip Plus 4
- 1418
- Property ID Number
- 042823130001
- Tax Year
- 2025
- Tax Amount
- 27970
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Impeccable Merriam Park 13 unit in fantastic condition. Almost 100% occupancy for 10 years. Beautiful renovated corner apartments, refinished wood floors, new tile floor in bathrooms, tile back splash in kitchen, new appliances, new counter tops, new window shades, three new ceiling fans, 3 great closets, really quiet building. Also, the laundry room is exceptionally bright with new floors, new bright lighting, glass block windows for security and privacy and new laundry equipment. Each apartment also gets a huge storage locker that is 10 feet by 10 feet. Located just 3 blocks west of Snelling on Laurel you are a short walk to Starbucks, restaurants, bars and other shops and Whole Foods. Some off street parking that is open to any tenant.
- Directions
- Summit Ave to Aldine St North to Laurel
Accessible
- None
- Yes
Air Conditioning
- None
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
- Concrete Floors & Walls
- Yes
Amenities Unit
- Hardwood Floors
- Yes
- Natural Woodwork
- Yes
Appliances
- Dishwasher
- Yes
- Range
- Yes
- Refrigerator
- Yes
Assumable Loan
- Not Assumable
- Yes
Construction Materials
- Brick
- Yes
- Frame
- Yes
Construction Status
- Previously Owned
- Yes
Existing Financing
- Other
- Yes
Exterior
- Brick Veneer
- Yes
- Stucco
- Yes
Flooring
- Wood
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
Lock Box Type
- None
- Yes
Lot Description
- Corner Lot
- Yes
Owner Pays
- Exterior Maintenance
- Yes
- Gas
- Yes
- Grounds Care
- Yes
- Heat
- Yes
- Lawn
- Yes
- Maintenance/Repair
- Yes
- Management
- Yes
Parking Characteristics
- Uncovered/Open
- Yes
Rental License Type
- Standard
- Yes
Roof
- Age 8 Years or Less
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Wall Description
- Plaster
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- One Per Unit
- Yes
No. of Refrigerators
- One Per Unit
- Yes
Tenant Pays
- Electricity
- Yes
- Telephone
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Residential
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
1702 Laurel Income - Expense Proforma.p ›
Listing Office:
First Select
Last Updated: June - 25 - 2026
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