, South Saint Paul, MN 55075 (MLS# 7093105)

General Property Information

Lot Measurement: Acres
Management Company Name: EIG Property Management
Multiple PIDs?: Yes
Other Parking Spaces: 33
Owner Occupied: No
Waterfront YN: No
Year Built: 1968
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 6660
Management Company Phone: 612-328-9871
For Sale or Lease: For Sale
Acres: 1.16
Lot Dimensions: 45,103.22 ft² (4,190.23 m²)
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Coin-op Laundry Leased Amenities Unit: Deck; Patio Appliances: Dishwasher; Microwave; Range; Refrigerator Assumable Loan: Not Assumable Basement: Full CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Stucco Flooring: Luxury Vinyl Plank Foundation: None Fuel: Natural Gas Heating: Boiler; Forced Air Internet Options: Cable; Fiber Optic Loan Terms: Cash; Conventional; Trade Lot Description: Corner Lot On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Management; Pest Control; Repairs; Roof Maintenance; Snow Removal; Taxes Parking Characteristics: Parking Lot Rental License Type: Standard Roof: Flat Sewer: City Sewer/Connected Stories: Three Or More Tenant Pays: Broadband; Cable TV; Electricity; Heat; Hot Water; Parking Fee; Sewer; Telephone; Water Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 3100000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

Postal City: South Saint Paul
County: Dakota
State: MN
Zip Code: 55075
Complex/Dev/Subdivision: South Park Div 3

Additional Parcels Information

Property ID #2: 367020201210

Assessments

Tax With Assessments: 44468
Assessment Balance: 0

More Information

Building Information

Building Finished SqFt: 16450
Building SqFt: 19980

Income and Expenses

Annual Gross Expenses: 183136
Annual Gross Income: 373515
Annual Net Income: 190379

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 16
Township#: 28

Sale Options

Sale Includes: Building, Land, Leases

Unit 1

No. of 1 Bedroom Units: 14

Unit 2

No. of 2 Bedroom Units: 10

Unit Details

Total Units: 24

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: SOUTH PARK DIVISION NO 3 21 1 LOTS 17 THRU 21 BLK 1
Listing City: South Saint Paul
Map Page: 122
Municipality: South Saint Paul
School District: South St. Paul
School District Phone: 651-457-9400
Zip Plus 4: 4302
Property ID Number: 367020201232
Tax Year: 2026
Tax Amount: 44468
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Strong investment opportunity in the desirable suburb of South St. Paul. Summit Bryant is a 24-unit apartment community with a strong occupancy history and stable cash flow. The property features an attractive unit mix of 14 one-bedroom and 10 two-bedroom apartments. Tenants pay their own electricity, while water, gas, and trash are billed back, helping reduce operating expenses and improve NOI. Located on Summit Bryant Ave, the property offers a peaceful residential setting just steps from Kaposia Park and the Kaposia Off-Leash Dog Park. Residents enjoy controlled access entry, on-site laundry, ample parking, air conditioning, climate control, and window coverings. The pet-friendly community is conveniently located near shopping, dining, schools, and major commuter routes with easy access to downtown St. Paul and the Twin Cities metro. A turnkey multifamily asset in a strong rental market with proven occupancy performance.
Directions: https://maps.app.goo.gl/JYFYRvtcY4aMKqnQ9

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Coin-op Laundry Leased: Yes

Amenities Unit

Deck: Yes
Patio: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Stucco: Yes

Flooring

Luxury Vinyl Plank: Yes

Foundation

None: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Forced Air: Yes

Internet Options

Cable: Yes
Fiber Optic: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Management: Yes
Pest Control: Yes
Repairs: Yes
Roof Maintenance: Yes
Snow Removal: Yes
Taxes: Yes

Parking Characteristics

Parking Lot: Yes

Rental License Type

Standard: Yes

Roof

Flat: Yes

Sewer

City Sewer/Connected: Yes

Stories

Three Or More: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Broadband: Yes
Cable TV: Yes
Electricity: Yes
Heat: Yes
Hot Water: Yes
Parking Fee: Yes
Sewer: Yes
Telephone: Yes
Water: Yes

On Site Utilities

Electric Separate: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes
Trade: Yes