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1010 Lafond Ave
Saint Paul, MN 55104 East Midway

$1,100,000 USD

Apartments For Sale • 9,240 SF

Property Details

Property Type Apartments
Total Building Size 9,240 SF
Lot Size 0.26 AC
Building Class C
Year Built 1964
Zoning RM2

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                11-unit multifamily property with a strong unit mix of seven 2-bedroom and four 1-bedroom apartments across approximately 7,850 rentable square feet
                            
                                Immediate income upside through unbilled parking, storage, and implementation of a Ratio Utility Billing System (RUBS)
                            
                                Eligible for the 4-D Tax Program through Saint Paul and Ramsey County, with potential property tax reductions of up to 80%
                            
                                Recent capital improvements including vinyl double-pane windows, white EPDM flat roof, newer water heater, and resurfaced parking lot with 10 surface 
                            
                                Located near the Lexington Parkway and University Avenue corridor with strong access to public transit, highway connectivity, and a growing employment

Property Flyers

1010 Lafond Ave STP - Flyer

Amenities

Air Conditioning
Dishwasher

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	3.5 mi
Target Field Station (Northstar Corridor - Northstar Commuter Rail)	17 min	-	8.3 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	19 min	-	8.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Nate Schammel 651-955-4255 MRG Realty Partners

1010 Lafond Ave Saint Paul, MN 55104 East Midway