1563 Charles Avenue, Saint Paul, MN 55104 (MLS# 7152580)

1563 Charles Avenue, Saint Paul, MN 55104

New Listing
$725,000
Property Type: Commercial Square Footage: 7,036 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $725,000 List Date: 9/30/2026 Last Modified: 9/30/2026

Overview

Description

Charles 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 two buildings. In front is a fully occupied eight unit with four 2-bd, 1ba and four 1-bd and 1ba apartments. In the rear is a carriage house that comes with the sale and was built in 1910. Current in-place rents are $856 for the one bedrooms and $1,075 a month for the two bedrooms. Onsite coin laundry and extra storage lockers in the basement. The main building was built in 1911 and has hardwood floors, tall ceilings and loads of original trim and doors. Option to buy the 8-units to the north at 1562 Edmund Ave for $650,000

Listing Details MLS# 7152580

General Property Information

Lot Measurement
Acres
Management Company Name
Fuze Real Estate
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
No
Waterfront YN
No
Year Built
1911
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
2500
For Sale or Lease
For Sale
Acres
0.1
Lot Dimensions
50 x 120
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Window Unit(s) Appliances: Range; Refrigerator Basement: Full CMU Style: Apartments/Multi Family Construction Materials: Block Construction Status: Previously Owned Current Use: Residential Existing Financing: Free and Clear Exterior: Stucco Fencing: None Flooring: Tile; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Hot Water Loan Terms: Cash; Contract for Deed; Conventional Lock Box Type: None Lot Description: Corner Lot; Tree Coverage - Light On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Gas; Lawn; Lawn; Maintenance/Repair; Sewer; Snow Removal; Taxes; Trash Collection; Water Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
725000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1563
Street Name
Charles
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
12780

Building Information

Building Finished SqFt
7036
Building SqFt
7036
Ceiling Height
8-10

More Information

Income and Expenses

Annual Fuel Expense
15187
Annual Gross Expenses
46737
Annual Gross Income
104059
Annual Insurance Expense
8470
Annual Maintenance Expense
1350
Annual Net Income
57322
Total Annual Expenses
46737

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

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
5

Unit 2

No. of 2 Bedroom Units
4

Unit Details

Total Units
9
IDX
Listing Office: Apartment Cash Flow, Inc.
Last Updated: September - 30 - 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.
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