1000 Ashland Ave
Saint Paul Park, MN 55071
Ashland Apartments and Commercial Space · Multifamily Property For Sale
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6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 7,600 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1947 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 7,600 SF |
| No. Stories | 2 |
| Year Built | 1947 |
About 1000 ASHLAND AVE , SAINT PAUL PARK, MN 55071
WilliamRobert is pleased to present for sale a St. Paul Park multi-family property that contains a 4000+ square foot commercial space on the first floor. 1000 Ashland Avenue, built in 1947, features six one-bedroom apartments above the commercial space. This building was recently taken over by new management that has done considerable work to the residential space. Currently five of the six units are rented. Several of the tenants have been long term tenants. The sixth unit is in process of being renovated and then it, too, will be available for a tenant. The market is strong and the new manager anticipates having the final apartment rented soon. The commercial space could be leased to a local grocery store (it’s most recent use), multiple small businesses or converted to additional apartments. The building is located in a nice, stable neighborhood. Many bank repairs have been completed but there is still room for additional improvements therefore the building is being sold “as is” This building is perfect for the "value add" buyers out there. The "bones" are excellent and the presentation and operation are improving.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $637.50 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $583,100 | |
| Land Assessment | $113,700 | Total Assessment | $696,800 |
Property Taxes
