195 Lexington Parkway N
Saint Paul, MN 55104
Price: $1,300,000
This is a unique opportunity to acquire thirteen well-appointed apartments located in the heart of the Summit University and Union Park neighborhoods of Saint Paul, Minnesota. Stunning curb appeal, featuring 100% all brick and stone exterior. All the roofs have recently been replaced in 2021. The unit mix is all one bedroom, one bath with original oak hardwood floors and trim. Newer hot water boiler system and water heaters. Large double corner lot with over 0.35+ acres, twelve detached garages and a patio area for residents. This asset is the perfect property to buy in your 1031 IRC Tax Exchange!!
The neighborhood is centrally located and offers numerous restaurants, coffee shops, and parks, such as Linwood, Merriam, Iris, Cathedral Hill, and Western Sculpture Parks. Highly walkable with great access to public transportation along Lexington and the University METRO Green Line light rail. Just north of the historic Summit avenue with affluent mansions, churches, and colleges.
Basic Features:
| Type |
Commercial Sale |
| Zoning |
Residential-Multi-Family |
| Year Built |
1921 |
| School District |
St. Paul |
| County |
Ramsey |
| Lot Size |
119 x 130 |
| Acreage |
0.36 acres |
| Garage |
12 Car |
| Lot Description |
Corner Lot,Tree Coverage - Light |
| Number of Units |
13 |
| Tax $ / Year |
$28,058 / 2026 |
| Tax ID |
|
| Legal Description |
|
Includes:
Range,Refrigerator,Building,Land,Leases,Rental License
Additional Features
| Government Programs |
|
| Section |
03 |
| Terrain Type |
|
| Roads |
City Street,Sidewalks |
| Basement |
Block,Full |
| Cooling |
Window Unit(s) |
| Driveway |
|
| Exterior Features |
Block,Brick |
| Foundation |
3000.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Hot Water |
| Pool |
None |
| Roof |
Age 8 Years or Less,Asphalt,Flat,Pitched,Rubber |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
Detached Garage,Paved Lot |
| Exterior Construction |
|
| Fencing |
None |
| Utilities |
Electric Separate,Heating Common,Hot Water Common |
| Laundry |
N |
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