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Property Description
Rare opportunity to own a historic St Paul mansion thoughtfully converted into a 5-unit multifamily property complete with a charming historic carriage house. Located in a highly walkable neighborhood on the citys East Side, the property offers convenient access to coffee shops, Mississippi Market Co-Op, East 7th Street amenities, and the Payne-Arcade commercial district.Units feature spacious layouts with large living areas and private storage spaces for each tenant. Residents also enjoy shared green space, off-street parking for all tenants, and on-site coin-operated laundry. Utilities are currently partially owner-paid, with ownership implementing a RUBS utility reimbursement program across the portfolio beginning Q3 2026. Future ownership will have the opportunity to improve NOI through utility cost recovery and operational efficiencies. Strong long-term upside potential in a distinctive historic asset with excellent neighborhood fundamentals.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Garage: 2
Heating: Boiler, Hot Water, Radiator
Lot Size: 0.18 Acres
Roof Type: Age 8 Years or Less, Asphalt, Flat, Pitched, Rubber
Stories: 2.0
Taxes: $11,158
Year Built: 1904
Feature Descriptions
Appliances: Range, Refrigerator
Basement: Block, Full, Owner Access, Partially Finished, Single Tenant Access, Storage/Locker, Storage Space
Current Use: Residential
Days on Site: 115
Exterior: Block, Brick, Concrete, Frame, Stone
Foundation Size: 1815
Handicap Accessible: Doors 36+, Hallways 42+
Lot: Tree Coverage - Medium
Lot Dimensions: 70x122
Owners Expense: Electricity, Gas, Sewer, See Remarks, Trash Collection, Water
Parcel#: 322922140070
Parking: Detached Garage, Gravel, Parking Lot
Road Frontage: City Street
Sale Includes: Building, Fixture/Equipment, Leases, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas, See Remarks
Units: 5
Utilities: Electric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Common, Hot Water Separate
Water: City Water/Connected
Local Schools
School District: St. Paul
Listed By / Shown By
Listed By
Agency Name: Gold Group Realty, LLC
Agency Phone: 612-382-4774
Shown By
Agency Title: Counselor Realty - Alexandria
Agency Phone: (320) 762-1111
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352 Bates Avenue | MLS# 7073764
This commercial property located at 352 Bates Avenue, Saint Paul, MN 55106 is currently listed for sale with an asking price of $612,750. Bates Avenue is located within the St. Paul school district. Search Saint Paul real estate on www.counselorrealtyalex.com today.