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1599 Rice Street
1599 Rice Street
1599 Rice Street
1599 Rice Street
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Pending

1599 Rice Street

1599 Rice Street, Saint Paul, MN 55117

$829,999
Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a
.21-acre lot. This turnkey investment features two spacious 4BR/2BA units (1, 635 SF each) and two 3BR/1BA units (980 SF each) , all with individual entrances and attached garages.

PROPERTY HIGHLIGHTS :
Built in 2004 with modern amenities throughout
Individual HVAC systems for each unit
In-unit washer/dryer connections
Stainless steel appliances including side-by-side refrigerators Wood flooring and ample storage
4 attached garages plus 5 surface parking spaces (2.25 spaces/ unit)
Excellent condition with minimal deferred maintenance
Pro Forma NOI: $91, 871 (11.07% cap rate with market rents)

Studio

5,230 Sq.Ft. LIVING AREA

9,147.6 Sq.Ft. lot

David Kampmeyer

David Kampmeyer

Features & Amenities

Area & Lot

  • Status Pending
  • Living Area5,230 Sq.Ft.
  • Total Area5,230 Sq.Ft.
  • Lot Area9,147.6 Sq.Ft.
  • MLS® ID6728027
  • TypeMulti-Family
  • YEAR BUILT2004
  • School DistrictSt. Paul

Exterior

  • STORIES2
  • Garage Space4.0
  • water SourceCity Water - In Street
  • parkingAttached Garage
  • HEAT TYPEForced Air
  • sewerCity Sewer/Connected
  • Disability FeaturesNone

Financial

  • Sales Price$829,999
  • Real Estate Tax $12,228/yr
1599 Rice Street
1599 Rice Street

Rare opportunity to own a well-maintained 2004-built 4-unit investment property totaling 5,230 SF on a
.21-acre lot.

– David Kampmeyer
1599 Rice Street
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Schedule a Showing

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Thank you for your interest in 1599 Rice Street, Saint Paul, MN 55117. We are reviewing your request and will be in touch shortly!
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Work With Us

Work with GJG Commercial to unlock smart real estate strategies. We specialize in multi-family, industrial, and leasing solutions that drive long-term value and sustainable growth.

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Contact Details

GJG Commercial

Phone

(612) 812-1317

Email

[email protected]

Address

1306 County Rd F W Ste 110, Arden Hills, MN 55112

 

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