972 Ashland Avenue Saint Paul, MN $ 910,000
972 Ashland Avenue
$ 910,000
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972 Ashland Avenue

Saint Paul, MN, 55104
$ 910,000
Baths0.0 Sq 5,832

Monthly Estimate*

$ 6,357

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Studio

Commercial Property for sale in Saint Paul, MN

for $910,000. This 5,832 square foot building was built in 1891 on a lot size of 0.31.

Well maintained 6 unit building with many updates including big ones such as updating plumbing and a new roof have been done in the last few years. The units include 2 studio apartments, 2-one bedroom, 1-three bedroom and 1-four bedroom (with two baths and it's own laundry). Two sets of laundry, one common area, and maintenance expenses are minimal. Four detached garage stalls could be used for additional income. High demand Summit-University area. Walking distance to Grand Avenue's shopping and restaurants. Total rents are $8,825 with room to easily grow to over $9,000 through next lease cycles. Ask agent for breakdown of rent by unit and lease end dates. Don't miss this excellent opportunity with stable rents, great tenants, and room to grow!

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Commercial Active

Price

$ 910,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,872

Style

Apartment

Lot Size

0.31

Year Built

1891

Town/City

Saint Paul

County/Region

Ramsey

MLS | Web ID

6491914

Features
General
Sewer City Sewer/Connected
Heating Radiant
Utilities Electric Separate
Garage Spaces 4
Construction Materials Stucco
Year Built 1891
Tenant Pays Electricity
Property SubType Apartment
Tax Year 2023
Current Use Residential
Gross Income 105900
Accessibility None
County Ramsey
Net Operating Income 72214
Operating Expense 33686
Property Type Commercial Sale
Contingency None
Subdivision Name Summit Park Add To St Pa
Directions Summit Ave. to Milton North to Ashland Ave. West to home
City Saint Paul
Buyer Agent Compensation 2.50
High School District St. Paul
Zoning Description Residential-Multi-Family
Total Units 6
Street Name Ashland
Land Lease Y/N N
Tax Annual Amount 15872
Additional Parcels Y/N N
Days on Market 36
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Detached
Water Source City Water/Connected
Inclusions Building Leases Rental License
Lot Size Area 0.31
Building Area Total 5832
Lot Dimensions 88x150
Lot Size Units Acres
Foundation Area 1944
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
Garage Dimensions 40x25
Garage Square Feet 1000
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Internal Only
Street Number 1 972
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* Excluded Features
List By
Exp Realty

Broker

jonwolfhomes@gmail.com

Email

Affordability Calculator

$7,679
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,357
Monthly Property Taxes
$1,323
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709337 Elementary School
708288 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$910,000 -8.08% Price Down
2/21/2024$990,000 Listed Price

Map


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972 Ashland Avenue, Saint Paul, MN, 55104 is a Commercial Property for sale at $910,000 with 5,832 sqft and a lot size of 0.31. 972 Ashland Avenue is a studio with 0.0 baths and was built in 1891. The property's zip code is 55104 which is in Saint Paul, MN