Property for Sale in Saint Paul
583 Holly Avenue
Saint Paul, MN 55102
Property Details
Year Built
1890
Square Feet
9,100
Parking Features
Parking Lot
Zoning
Business/Commercial, Residential-Multi-Family
2025 Property Taxes
$24,812
School District
St. Paul
County
Ramsey
This historic 8-unit brownstone in St. Paul’s Summit-University features 7-2 bedroom, and 1-1 bedroom units, each with 10ft+ ceilings, hardwood floors, natural woodwork, split entrances, and original wood details like built-in buffets, beams, cabinets and woodwork. Perfect for the work-from-home investor with separated living/work areas and balconies. Units are spacious and the extra space is commonly used as a 3rd bedroom or office. A sought-after & walkable location near dining and shops, off-street parking creates strong rental demand. Spacious storage in the basement with a partially finished bathroom and coin-operated laundry machines owned by the seller. Investors hedge their risk against utility inflation with tenants having separate meters for Gas & electricity. Tenants pay their own heat and new owners could implement "RUBs" to charge back for water, sewer & trash. Rents are below market and some tenants are currently MTM giving investors the flexibility to implement their own leases & procedures post acquisition.
Features
Utilities
Electric Separate,Heating Separate,Hot Water Common
Heating
Boiler
Sewer
City Sewer/Connected
Water
Public
Additional Info
Listed By
Nathan Schammel of MRG Realty Partners, LLC
Listed
03/12/25 and last updated 06/25/25

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