$500,000/mo

222 Frank Street, Saint Paul, MN 55106

  • 2,808 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $178/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Seize this exceptional opportunity to own a low-maintenance, income-generating multi-family property in a prime St. Paul location. Thoughtfully updated, including a brand-new roof in 2023, this 2,808 sq. ft. building features multiple 1-bedroom units with 90% guaranteed rental income, ensuring stability and peace of mind for investors. Ideally situated within walking distance of the scenic Indian Mounds Regional Park, residents enjoy breathtaking views of the Mississippi River and the St. Paul skyline. The property also offers easy access to downtown Saint Paul’s shopping, dining, and entertainment, with convenient public transportation options enhancing tenant appeal. With its strong rental history, recent capital improvements, and strategic location, 222 Frank Street presents a compelling investment opportunity for those seeking reliable cash flow and long-term value appreciation.

Listing Status:
Active
Listing Office:
Keller Williams Premier Realty : 651-379-5252
MLS ID:
6678042
  • Heating: Hot Water

This listing courtesy of Keller Williams Premier Realty

Location

Schools Nearby

A

American Indian Magnet School

1075 3rd St E, Saint Paul, MN, 55106

Grades PK-8

0.64 miles away

A

American Indian Magnet School

1075 3rd St E, Saint Paul, MN, 55106

Grades PK-8

0.64 miles away

H

Harding Senior High School

1540 6th St E, Saint Paul, MN, 55106

Grades 9-12

1.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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