985 & 987 Cypress Street

For Sale

985 North Cypress Street, Saint Paul, MN 55106

This Saint Paul property for sale is located at 985 North Cypress Street. The current listed sale price for 985 & 987 Cypress Street is $335,000. 985 & 987 Cypress Street is situated on a lot that is 0.11 acre in size.

Contacts

broker

William Schultz

William Schultz - KW

Property Details

  • Property Type Multi-Family
  • Property Size 2,332 SF
  • Units 2
  • Lot Size 0.11 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1964
  • Date Updated Nov 18, 2024
Discover the vibrant East Saint Paul community surrounding 985 & 987 Cypress Street, MN. This up-and-coming area offers easy access to a diverse range of amenities and attractions, including the picturesque Lake Phalen. Enjoy the lush green spaces of Indian Mounds Regional Park, while being just moments from the bustling retail and dining options in downtown Saint Paul. Residents can explore the area's rich history at the nearby Indian Mounds Park and overlook the scenic Mississippi River. With convenient public transportation options and a variety of local schools, the neighborhood presents an ideal setting for Multifamily / Low-Rise/Garden living, providing a perfect blend of urban convenience and natural beauty.Discover an exceptional opportunity to elevate 985 North Cypress Street's appeal and value. By adding egress windows to each basement unit, this property can be transformed into a 6-bedroom, 2-bathroom duplex, offering a significant increase in value. The existing basement toilets can effortlessly be converted into half baths, creating a spacious master bedroom area in each unit. With this strategic enhancement, the property presents an enticing prospect for savvy investors seeking to maximize returns and capitalize on the property's potential.

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Highlights

  • Prime value-add opportunity
  • Opportunity to raise rents
  • Great rental market
  • Spacious, large bedrooms
  • On-site parking

Getting around

  • 67/100

    Walk Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Saint Paul, MN
  • Neighborhood Payne-Phalen
  • Zip Code 55106
  • Market Minneapolis St Paul

Points of Interest

  • Union Depot

    2.09 miles

  • Saint Paul Union Depot

    2.11 miles

  • Robert Street

    2.24 miles

  • 10th Street

    2.37 miles

  • Central Station

    2.38 miles

  • Capitol/Rice Street

    2.51 miles

  • Western Avenue

    3.01 miles

  • Dale Street

    3.48 miles

  • Victoria Street

    3.96 miles

  • Lexington Parkway

    4.44 miles

  • Arco

    0.60 miles

  • M & H

    0.66 miles

  • Speedway

    0.73 miles

  • Holiday

    0.94 miles

  • ChargePoint

    1.60 miles

  • BP

    2.21 miles

  • Tesla Supercharger

    4.78 miles

  • BCA Training and Education Parking Only

    0.98 miles

  • BCA Evidence Intake - Police Parking Only

    1.00 miles

  • BCA Employee Permit Parking Only

    1.01 miles

  • BCA Loading Dock

    1.05 miles

  • Parking Ramp

    1.13 miles

  • Gustavus Adolphus Lutheran Church

    1.49 miles

  • Gateway Community Commons

    1.70 miles

  • Union Depot Lot D

    1.72 miles

  • Union Depot Lot C

    1.88 miles

  • A'Bulae

    1.98 miles

  • Drury Plaza Hotel

    2.11 miles

  • SpringHill Suites

    2.12 miles

  • DoubleTree by Hilton Hotel Downtown St. Paul

    2.34 miles

  • Hotel 340

    2.40 miles

  • Crowne Plaza

    2.48 miles

  • The Saint Paul Hotel

    2.57 miles

  • Radisson

    2.72 miles

  • Courtyard

    2.82 miles

  • Hampton Inn & Suites

    2.87 miles

  • DoubleTree by Hilton St. Paul East

    2.97 miles

  • 52 Market & Trading

    0.35 miles

  • Sun World

    0.35 miles

  • Bingo Oriental Market

    0.36 miles

  • Golden Harvest Foods

    0.48 miles

  • Hoa Mei Market

    0.52 miles

  • East Market Grocery And Tobacco

    0.76 miles

  • Cub Foods

    0.77 miles

  • Little Burma Grocery

    0.78 miles

  • Bymore

    0.79 miles

  • Bymore Supermercado

    0.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

William Schultz

William Schultz - KW