The New Victorian Mansion B&B
Saint Paul, MN
Offered for sale at $2,499,000
This Queen Anne Victorian isn’t just any 9BR 14BA mansion in historic Saint Paul—it’s a unique income-producing property comprised of a Bed & Breakfast, Multi-Family dwelling, and a Preschool. This ASID Showcase Home in 2013 was extensively restored & updated from top to bottom by Twin Cities’ best interior designers! The sale comes fully-furnished: 4 Guest BRs, 5BA, 7 fireplaces, 2 balconies, turret & remarkable historic detailing thru-out, and a solid 10yr book of business! The 3rd floor apartment is also generates short-term rental income. The Owner’s Residence in the former “servants’ quarters” has a high-end kitchen (Sub-Zero, Miele, Cambria), Master BR Suite w/ historic details & carrara marble BA. A 5,200SF midcentury addition, currently occupied by a preschool provides steady flow of passive lease income. Estate is situated on more than 1/2 acre lot transversing Dayton to Marshall Ave. Add’l income potential from the Commercial Kitchen & Caretaker’s House on property. Seller Financing possible.
Property Details- 4 Guest Rooms
- 5 Guest Room Baths
- Has Owner's Quarters
- Built in 1894
- Last Renovated in 2013
- Opened in 2013
- Building is 15,294 SQFT
- Lot is 0.61 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $2,499,000
- Occupancy Rate: 43%
- Average Daily Rate: $250
- Annual revenue is $255,000
- Terms: Seller Financing possible with 1/2 down
- Prequalify for Financing
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