Executive Summary

  • Property Type Multifamily/Commercial
  • Square Footage 5970
  • Units 5
  • Year Built 1890
  • Zoning H2
  • Lot Size (SqFt) 10,019
  • Garage 2 Stalls
  • Electric Metering Separate
  • Gas Metering Single
  • 4D Participant? No

Agent Notes

606 Dayton Avenue offers a rare opportunity to acquire a historic 5-unit property in St. Paul’s Summit-University neighborhood. 

Originally built as a large single-family residence, the building features spacious units with many preserved original details. A new owner could re-open the first floor and convert the property back to a spacious 4-plex.

Improvements include flooring, countertops, appliances (4/5 have dishwashers) to increase desirability. Boiler, water heaters, electrical and plumbing have all been upgraded in the past 10-15 years. 

Units are spacious with plenty of sunlight from the windows and almost all have been refreshed in the past 10 years. 

Unit #5 is the caretaker who handles taking trash to the curb, lawn care, and snow removal. 

Tenants pay their own electric. Most units are on month-to-month leases, giving new ownership the ability to increase income and implement new management procedures. 

Off-street parking is available and could be monetized upon renewal. The garage has been used for owner storage and new owners can repair or rebuild on the current structure to create more parking & income streams. 

The property sits just steps from popular restaurants, shops, and public transit options along Selby and Dale.

Mechanical & Unit Updates

Units - New Kitchen Cabinets, Countertops, flooring, tile, ceiling fans, ect. - 2013-2020

Roof - Shingled - Est. 2010-2011

Boiler - New High Efficiency - 2019
Electric - Panels Replaced - 2015

Plumbing - Variety of Updates - 2013-2020

Witches Tower Flashing & Shingles - 2024

Unit details & Income

Type
No. Units
Current Avg.
Lease End
Market Est.
1Bd / 1Ba
4
$1,150
3/4 MTM
1250
Studio
1
$795
MTM
850
Laundry
-
-
-
100
MONTHLY
$5,150
$5,925
YEARLY
$61,800
-
$71,100
All information has been provided by seller and should be verified by Buyers and their Agents

Nearby Attractions & Location Highlights

Team

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