For Sale: West Saint Paul MLS# 6636733
Active
$1,000,000
Commercial: Apartments
Built 1950
0.23 acres
West St. Paul-Mendota Hts. schools
MLS# 6636733
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Property Description
Discover 97 Orme St E, a 7, 980 SF 10-unit (Ten 1-bed/1-bath) multifamily property in the heart of West
St. Paul, built in 1950. This property is located in Dakota County, meaning it is free from Saint Paul's rent control ordinance, making it a rare and highly desirable investment. Properties in this location, just outside the limits of Saint Paul, are in high demand due to their scarcity and strong investment potential. Positioned in one of the busiest retail corridors of West St. Paul, this property is surrounded by thriving businesses, restaurants, and shops. Its location offers excellent accessibility, with convenient proximity to public transportation, including bus lines, making it a sought-after choice for tenants seeking both convenience and connectivity.
Buyer agent to verify all measurements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,000,000
Property Type:
Commercial
City:
West Saint Paul
Garage Spaces:
0
County:
Dakota
Year Built:
1950
State:
MN
Property Style:
Apartments
Zip Code:
55118
Subdivision Name:
Humes S L Add
Interior
Ranges:
One
Refrigerators:
One
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
6
Air Conditioning:
Window Unit(s)
Foundation Size:
2,600 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
- More Parking Offsite for Fee
- Parking Lot
- Paved
- Shared Driveway
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Lot & Land
Acres:
0.23
Geolocation:
44.910829, -93.081044
Inclusions:
Building, Land, Leases, Rental License
Lot Dimensions:
160 x 60
Zoning:
Residential-Multi-Family
Schools
School District:
197
District Phone:
651-403-7002
Expenses
Annual Electric Expense:
$1,400
Annual Insurance Expense:
$7,000
Annual Trash Expense:
$3,000
Annual Water/Sewer Expense:
$6,000
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$12,968
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,968
Units
Total Units:
10
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
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credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.