Contacts

William Schultz

William Schultz - KW

Property Details

Property Type Multi-Family
Property Size 7,980 SF
Units 10
Lot Size 0.23 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 6
Property Tenancy Multi-Tenant
Year Built 1950
Date Updated Dec 10, 2024

Nestled in the heart of West Saint Paul, the area surrounding the property offers an attractive blend of convenience and community. Residents will enjoy easy access to a variety of dining options, including the beloved Joseph's Grill and Ox Cart Ale House. The nearby Signal Hills Shopping Center provides a host of retail and services, enhancing the neighborhood's appeal for tenants. For leisure and outdoor activities, Thompson County Park is just a short drive away, providing a serene escape from city life. With its proximity to major highways and downtown Saint Paul, this location offers residents the perfect balance of urban access and suburban charm.Introducing 97 Orme St E, a prime investment opportunity in West Saint Paul. This 7,980 SF, 10-unit property, built in 1950 and zoned R4, boasts a 80% occupancy rate, offering immediate income potential. With no rent control ordinance, this property presents a lucrative value-add opportunity. Conveniently located near a bustling retail corridor and minutes from downtown Saint Paul, it appeals to tenants seeking urban convenience. The property's proximity to the bus line underscores its accessibility and desirability. Don't miss out on this sought-after multifamily/low-rise/garden investment.

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Highlights

Value-add opportunity
No rent control ordinance
Close to a busy retail corridor
Minutes from downtown Saint Paul
Close to the bus line

Attachments

KW • Offering Memorandum (P) (PDF) opens in new window

Getting around

78/100
Walk Score ®
38/100
Transit Score ®
52/100
Bike Score ®

Powered by Walk Score ®

City Saint Paul, MN
Zip Code 55118
Market Minneapolis St Paul

Points of Interest

Saint Paul Union Depot

2.49 miles
Central Station

2.51 miles
Union Depot

2.60 miles
10th Street

2.87 miles
Robert Street

3.10 miles
Capitol/Rice Street

3.33 miles
Western Avenue

3.56 miles
Dale Street

3.82 miles
Victoria Street

4.13 miles
Lexington Parkway

4.47 miles

Paces 66 Station

0.15 miles
Speedway

0.23 miles
Holiday Stationstore

1.11 miles
BP

1.36 miles
Holiday

1.40 miles
Quick Stop

1.67 miles
Kaposia Convenience Center

2.14 miles
ChargePoint

2.58 miles
Tesla Supercharger

4.72 miles

Faith United Methodist Church

0.95 miles
St. John Vianney parking lot

1.26 miles
Dodge Nature Center

1.64 miles
Fossil Grounds Parking Lot

1.74 miles
Science Museum Ramp

2.37 miles
Ramsey House and Forepaugh's Parking

2.41 miles
Capital City Plaza Parking Ramp

2.42 miles
RiverCentre Ramp

2.43 miles
Victory Ramp

2.48 miles
Union Depot Lot B

2.50 miles

Samuel Dearing House

1.51 miles
Crowne Plaza

2.40 miles
The Saint Paul Hotel

2.47 miles
Residence Inn by Marriot

2.49 miles
Hotel 340

2.49 miles
Hampton Inn & Suites

2.52 miles
Courtyard

2.63 miles
DoubleTree by Hilton Hotel Downtown St. Paul

2.64 miles
SpringHill Suites

2.83 miles
Drury Plaza Hotel

2.95 miles

Walmart Supercenter

0.96 miles
Oxendale's Market (formerly R.C. Dicks)

1.04 miles
Rainbow Foods

1.05 miles
Target

1.22 miles
El Burrito Mercado

1.34 miles
West Side Grocery

1.46 miles
Cub Foods

1.76 miles
Burlington

1.80 miles
ALDI

1.98 miles
Knowlan's Fresh Foods

2.20 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.