399 Ashland Avenue, Saint Paul, MN 55102

$1,500,000

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Property Description

This stately 19-unit investment property is over 10,500+ square feet with loads of charm and historic character. Originally built in 1890 as a side-by-side duplex it now offers nineteen one-bedroom and studio apartments. Three units are full one bedroom, one bathroom units. Sixteen of the units share 6 common area bathrooms. All the units have either a full-size kitchen or a kitchenette. The exterior is all brick and stone and features a newer roof. Tall ceiling heights and skylights!! Located in one of the most sought after neighborhoods in Saint Paul, Minnesota. Cathedral Hill or Summit Hill is the cities most historic and charming neighborhoods! From its stunning architecture and beautiful real estate to its rich history and vibrant community, this area offers an unforgettable experience for residents and visitors alike. Breathtaking historic homes, iconic landmarks, and some of the best restaurants in the state—including local favorites like WA Frost, known for its incredible ambiance and elevated dining experience. PROPERTY FACTS Year Built: 1890 Units: 19 garden style apartments Square Footage: Building total 10,828 sqft Zoning: Multiple-dwelling Parking: 4 off-street parking spots Exterior: All-brick and stone exterior Heating: Two hot water boilers / caravan slant fin Air Conditioning: Window air conditioners / tenants provide Roof: A combination of newer pitched asphalt roofing and flat rubber roofing Patios: The front offers two smaller patios for residents to enjoy Laundry: Two sets of coin laundry machines / seller owned Storage: Basement has plenty of extra storage areas UNIT DESCRIPTION 16 - Studio with Kitchenette - Approx. 275+ Sqft. / Average rent $738.53 3 - One Bedroom, One Bath - Approx. 600+ Sqft / Average rent $1,221.67

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Listing courtesy of Apartment Cash Flow, Inc..

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