330 Magnolia Avenue E Saint Paul, MN
$ 1,150,000
Property Attributes
  • ML#5622026
  • TypePending
  • CountyRAMSEY
  • CitySaint Paul
  • AreaMcmenemys Sub A
  • NeighborhoodPayne-Phalen
  • Zip55130
  • StyleApartment
  • Year Built1962
  • Taxes20976
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9472
  • Lot Size0.33 Acres
Listing Provided Courtesy Of:
Realty Group LLC
Property Description

The Magnolia Apartments are a great cash-flowing investment opportunity in St. Paul. This property has guaranteed rent payments (through a 3rd party, by government assistance) to provide a unique setup---No financial vacancy and the company finds the tenants! Some updates completed: front retaining wall, roof, exterior paint, took plumbing out of the ground-pex, some updates to the boilers, and other miscellaneous items as needed. It's ready for you to take over. The location can't be beat because it's close to downtown just blocks from 35E and Maryland in the Payne/Phalen neighborhood. (You can view the common areas and 1 vacant unit) or to review the Offer Memorandum with all financial details. Masks are required for all showings.

Price History
7/24/2020 Listed $1,150,000

General Features

Contingency None
Property SubType Apartment
Property Type Commercial Sale
Roof Asphalt, Pitched, Age Over 8 Years
Standard Status Pending

Interior Features

Basement None

Exterior Features

Lot Dimensions 123x117
Lot Size Area 0.33
Lot Size Units Acres


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55130

AVG $260K
AVG $3,357
AVG 42
Year Built
AVG 1957
AVG 59
Data Provided by Walkscore ® not using MLS data

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