425 Roy Street N, Saint Paul, MN 55104 (MLS# 6398290)


$1,510,000
425 Roy Street N
Saint Paul, MN 55104
MLS# 6398290
Status: Closed



425 Roy Street N, Saint Paul, MN 55104
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425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104 425 Roy Street N, Saint Paul, MN 55104

Property Description
This 16-unit apartment building is an excellent prospect to add to your investment portfolio. This 1930's classic brick building offers add-value opportunity and consists of 6 studios and 10 one-bedroom apartments. Two non-conforming units offer opportunity for the creative investor. A Solid roof, newer windows, and updated electric, with a solid exterior. Conveniently located near several amenities and just blocks from the new Allianz Soccer Stadium, Green Line Train, shopping, parks, and dining, making it a perfect fit for anyone looking for a small investment opportunity with growth potential. In an designated Opportunity Zone (the Opportunity Zones program provides tax relief for investors who re-invest their unrealized capital gains into specific low-income communities.) Review the city's Master Plan for significant redevelopment. Additionally, the building is approved for the 4D Tax-reduction program and will benefit from a significant tax reduction this next calendar year.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2024-02-08
Current Price: 1362500
Closed Date: 2024-03-18
Sales Close Price: 1362500
Contingency: None
ListPrice: 1510000
List Date: 2023-07-07
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Year Built: 1937
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 6490
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 45x120x46x120
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 425
Street Name: Roy
Street Suffix: Street
Street Direction Suffix: N
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Assessments
Assessment Balance: 1051.04
Tax With Assessments: 32343.04
Building Information
Building Finished SqFt: 6490
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building
Unit 1
No. of 1 Bedroom Units: 10
Unit Details
Total Units: 16
Unit Information
No. of Efficiency Units: 6
Property Features
Accessible: None
Amenities Unit: Hardwood Floors
Appliances: Range; Refrigerator
CMU Style: Apartments/Multi Family
Construction Materials: Block
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Boiler
Loan Terms: Cash; Conventional; Conventional Rehab; Other
On Site Utilities: Heating Common
Parking Characteristics: None
Rental License Type: Standard
Sewer: City Sewer - In Street
Water: City Water/Connected

Listing Office: Bridge Realty, LLC

Last Updated: June - 08 - 2025

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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Monday 1st of June 2026 03:31 PM

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