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

1562 Edmund Avenue, Saint Paul, MN 55104

New Listing
$650,000
Property Type: Commercial Square Footage: 6,556 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $650,000 List Date: 10/05/2026 Last Modified: 10/05/2026

Overview

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.

Listing Details MLS# 7154979

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

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

Contract Information

Contingency
None
ListPrice
650000
Owner is an Agent?
No
Auction?
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

More Information

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
IDX
Listing Office: Apartment Cash Flow, Inc.
Last Updated: October - 05 - 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.