Updated Today

$699,000

385 Ashland AvenueSaint Paul, MN 55102

Type: Commercial

1885 Year Built

Description

Excellent St. Paul location- 5 Units For Sale on Ashland in great condition in and out. Many updates in and out including all units updated from 2018-2020, exterior painting in 2020, radon system in 2020 and more. Unit Mix: (2) 2 bed/1 bath units. (2) 1 bed/1 bath units. (1) studio/1 bath unit. Zoned: RM2 Medium Density Multiple Family Residential. Corner property sitting on 0.14 acres. We also have 529 Portland for sale (4 units) just down the street. Only being offered for sale as the Seller is an out of state investment owner with a focus in retail.

MLS ID: 6461032

Directions: Cathedral Hill Neighborhood

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Property Details

Essential Details

MLS #: 6461032

Listing courtesy of: RE/MAX Results

Price: $699,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Current Use: Commercial, Residential

Total Units: 5

Annual Gross Income: $75,573

Net Operating Income: $45,377

Annual Gross Expense: $30,195

Tenant Pays: Electricity

Parking Features: Asphalt, Open

Other Parking Spaces: 4

Building Details

Owner Occupied: No

Construction Materials: Stucco

AccessibilityFeatures: None

Roof: Asphalt

Heating: Boiler

Cooling: Window Unit(s)

Style: Apartment, Low Rise

Year Built: 1885

Foundation Area: 1,537

Amenities - Association: Coin-op Laundry Owned

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Utilities: Electric Separate, Heating Common, Hot Water Common

Lot Details

Complex/Dev/Sub Name: Woodland Park Addition, To St

Lot Dimensions: 54x120

School Information

District: St. Paul

District Number: 625

District Phone: 651-767-8100

Community Information

County: Ramsey

Survey Range: 23

Survey Section: 01

Survey Township: 28

Taxes

Tax Year: 2023

Tax Amount: $12,018

Assessment Pending: Unknown

Taxes w/Assessments: $12,018

This listing was last updated by RE/MAX Results on 5/3/2024 at 11:59 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 5/3/2024 7:05 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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