Home › 1562 Edmund Avenue, Saint Paul, MN 55104 (MLS# 7154979)

1562 Edmund Avenue, Saint Paul, MN 55104 (MLS# 7154979)

$650,000
1562 Edmund Avenue
Saint Paul, MN 55104
MLS# 7154979
6556 sqft
1562 Edmund Avenue, Saint Paul, MN 55104
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Property Description
Edmund apartments presents a unique opportunity to buy with seller financing. Achieve a higher return on your investment by structuring a deal that works for you. This property features one building with three single car detached garages bringing in extra income. All units are fully occupied featuring eight 1-bedroom and 1-bath apartments. In the rear is a detached garage that comes with the sale and was built in 1913. Total square footage is 6,556 over two floors. Current in-place rents are $939.12 per month for the one bedrooms. Onsite coin laundry and extra storage lockers in the basement. All apartments feature hardwood floors, tall ceilings and loads of original trim and doors. Roof was replaced in 2022. Hot water boiler was replaced in 2015. The same ownership group also is offering a 9-unit for $725,000 located next door to the south at 1563 Charles Ave that can also be purchase on a contract for deed. Terms negotiable.

Details
Maps
Contract Information
Status: Active
Current Price: 650000
Contingency: None
ListPrice: 650000
List Date: 2026-10-05
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Management Company Name: Fuze Real Estate
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1913
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 3000
Garage Stalls: 3
For Sale or Lease: For Sale
Acres: 0.14
Lot Dimensions: 50 x 130
Assessment Pending: No
Location Tax and Other Information
House Number: 1562
Street Name: Edmund
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: Hamline Syndicate Add, No3
Assessments
Tax With Assessments: 12342
Building Information
Building Finished SqFt: 6556
Building SqFt: 6556
Ceiling Height: 8-10
Income and Expenses
Annual Electric Expense: 1000
Annual Fuel Expense: 8500
Annual Gross Expenses: 44612
Annual Gross Income: 88742
Annual Insurance Expense: 8470
Annual Maintenance Expense: 3500
Annual Net Income: 44130
Annual Trash Expense: 500
Annual Water/Sewer Expense: 4000
Total Annual Expenses: 44612
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Door Height: 7
Garage Door Width: 8
Public Survey Info
Range#: 23
Section#: 34
Township#: 29
Sale Options
Sale Includes: Building, Land, Leases, Rental License
Unit 1
No. of 1 Bedroom Units: 8
Unit Details
Total Units: 8
Property Features
Accessible: None
Air Conditioning: Window Unit(s)
Appliances: Range; Refrigerator
Assumable Loan: Not Assumable
Basement: Concrete Block; Full; Storage/Locker; Unfinished
CMU Style: Apartments and Retail; Apartments/Multi Family
Construction Materials: Concrete
Construction Status: Previously Owned
Current Use: Residential
Existing Financing: Free and Clear
Exterior: Stucco
Fencing: None
Flooring: Carpet; Tile; Vinyl/Linoleum; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler; Hot Water
Loan Terms: Cash; Contract for Deed; Conventional
Lock Box Type: Combo
On Site Utilities: Electric Separate; Heating Common; Hot Water Common
Pool Description: None
Rent Rate per Foot: Per Month
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Flat
Sewer: City Sewer/Connected
Stories: Two
Topography: Level
Wall Description: Drywall; Plaster
Water: City Water/Connected
Window Features: Blinds; Double Pane Windows; ENERGY STAR Qualified Windows

Listing Office: Apartment Cash Flow, Inc.

Last Updated: October - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 9th of October 2026 11:07 PM

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