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222 Frank St

$500,000

222 Frank St, Saint Paul, MN 55106

Active
Last Updated: 04/20/2025

43,788

NOI

0.11 acres

Lot Area

Details:
NOI:    $43,788
Lot Area:    0.11 acres
Units:    5
Year Built:    1912
Zoning:    Residential-Multi-Family
Highlights:
  • Lot Size Dimensions: 50x100
  • Stories: Two
  • Days on Market: 26
Description:

Seize this exceptional opportunity to own a low-maintenance, income-generating multi-family property in a prime St. Paul location. Thoughtfully updated, including a brand-new roof in 2023, this 2,808 sq. ft. building features multiple 1-bedroom units with 90% guaranteed rental income, ensuring stability and peace of mind for investors. Ideally situated within walking distance of the scenic Indian Mounds Regional Park, residents enjoy breathtaking views of the Mississippi River and the St. Paul skyline. The property also offers easy access to downtown Saint Paul’s shopping, dining, and entertainment, with convenient public transportation options enhancing tenant appeal. With its strong rental history, recent capital improvements, and strategic location, 222 Frank Street presents a compelling investment opportunity for those seeking reliable cash flow and long-term value appreciation.

Map:
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