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609 Dale Street N
Saint Paul, MN 55103
Asking Price
$495K
Asset Type
Apartment Building Mixed-use
Class
Class B
What's Special
Mixed Use | 2 Apartments + 2 Retail Spaces <ul><li>4 Units Total: 2 Retail spaces + 2 Apartments</li><li>Mixed-Use Investment Property in solid St. Paul location just south of 94</li><li>Perfect for an Investor, 1031 Exchange Replacement, or Owner/User with ability to occupy</li><li>Many updates inside & out</li><li>Zoned B2 community Business with lots of uses permitted</li><li>4 Parking spaces in rear lot included in sale</li><li>Strong Traffic Counts of 15,300 VPD</li><li>Annual Gross Income: ~$86,388</li></ul>
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NOI
$80,000
Cap Rate
16.16%
DSCR
2.72
Strong
Cash-on-Cash
34.08%
Monthly Payment
$2,448.99
Annual Cash Flow
$50,612.121
