985 & 987 Cypress Street

985 North Cypress Street, Saint Paul, MN 55106

  • For Sale $335,000
  • 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

Contacts

broker

William Schultz

William Schultz - KW

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • 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

  • Checkbar Food & Liqour

    0.36 miles

  • Fareast

    0.38 miles

  • Saigon

    0.42 miles

  • Taqueria Los Ocampo

    0.43 miles

  • Wong's Kitchen

    0.45 miles

  • Mekong BBQ

    0.47 miles

  • I Heart Pho

    0.54 miles

  • Burger King

    0.57 miles

  • Taquerja El Buen Gusto

    0.58 miles

  • Hmong Village

    0.65 miles

  • Open Door Learning Center

    0.68 miles

  • Farnsworth Aerospace School

    0.73 miles

  • Txuj Ci HMong Language and Culture Upper Campus

    0.87 miles

  • Johnson Aerospace and Engineering High School

    0.88 miles

  • Dayton's Bluff Elementary

    1.14 miles

  • Twin Cities Academy

    1.16 miles

  • Bruce F. Vento Elementary School

    1.19 miles

  • Metropolitan State University (Saint Paul campus)

    1.19 miles

  • Montessori Center of Minnesota

    1.32 miles

  • Harding High School

    1.34 miles

  • Rainbow Child Development Center

    3.27 miles

  • New Horizon Academy

    3.67 miles

  • Hodan Childcare Center

    4.15 miles

  • St. Paul's Childcare Center

    4.40 miles

  • Pathways to Play

    4.58 miles

  • New Creations Child Care & Learning Center

    4.73 miles

  • KinderCare

    5.11 miles

  • Primrose School

    5.44 miles

  • Peaceful Heights

    5.55 miles

  • Carver Lake KinderCare

    5.60 miles

Frequently Asked Questions

How much does 985 & 987 Cypress Street cost?

The space currently listed for sale at 985 & 987 Cypress Street asks for $335,000.

What is the total square footage of 985 & 987 Cypress Street?

985 & 987 Cypress Street totals 2,332 square feet.

When was this property built?

985 & 987 Cypress Street was built in 1964.

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Contact Listing Broker

broker

William Schultz

William Schultz - KW