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Wilen Real Estate
222 Frank Street, Saint Paul, MN 55106
222 Frank Street, Saint Paul, MN 55106
Commercial Sale
N/A Beds
N/A Baths
N/A SQFT
1,912 Year Built
0.11 Acres
No Waterfront
Seize this exceptional chance to acquire a low-maintenance, multi-family property boasting an impressive 8.76% cap rate. Built in 1912 and comprehensively updated: including a new roof in 2023, this 2,808 sq ft building comprises multiple 1-bedroom units. Notably, rents are 90% guaranteed, ensuring a reliable income stream. Situated in the vibrant Dayton's Bluff neighborhood, the property is within walking distance to the historic Indian Mounds Regional Park, offering scenic views of the Mississippi River and the St. Paul skyline. Residents will appreciate proximity to downtown Saint Paul, providing easy access to shopping, dining, and entertainment. Public transportation options are readily available, enhancing tenant convenience. With its strategic location, strong rental history, and recent capital improvements, 222 Frank Street stands out as an ideal investment for discerning investors seeking stable returns and long-term growth potential
Listed by: Keller Williams Premier Realty
Listed by: Keller Williams Premier Realty
TALK WITH AN AGENT & SCHEDULE A SHOWING
Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
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