Fantastic investment opportunity in prime Merriam Park neighborhood! Within walking distance to Macalester College and St. Thomas College, owner has leased property for last 25 years and has consistent rental history. All three units are rented until May 2023, but tenants in 2nd and 3rd level are open to lease buyout for owner-occupied buyers. Current rents: 1st floor - $1595, 2nd floor - $1695, 3rd floor - $1120. Tenants reimburse landlord periodically for all utilities. Commercial coin-op washer and dryer in basement averages $40/month. Total gross monthly revenue of $4450. 2 car garage in back could be additional income or used for owner-occupied. Metal 50 year rated roof done in 2013! All 3 floor bath remodels in last 3 years. With beautiful hardwood floors, natural woodwork throughout, stainless steel appliances, and an amazing location, this triplex is a must-see! All showings require 24 hour notice.
Closed
$442,715
1710 Ashland Ave, Saint Paul, MN 55104
8beds
3baths
3,150sqft
Triplex
Built in 1914
-- sqft lot
$553,000 Zestimate®
$141/sqft
$2,147 Estimated rent
Home value
$553,000
$514,000 - $597,000
$2,147/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 03, 2024 at 10:37pm
Listed by:
Steven Anderson 651-707-6824,
VIBE Realty,
Lauren Henry 651-399-7181
Bought with:
Sam Steadman, CDPE
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6272732
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Boiler, Hot Water
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
- Finished area above ground: 3,150
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Garage Dimensions (22x22)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 6,098 sqft
- Dimensions: 40 x 150
Details
- Foundation area: 1150
- Parcel number: 042823130028
- Lease amount: $0
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Fiber Board, Block
- Roof: Metal
Condition
- Age of Property: 110
- New construction: No
- Year built: 1914
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Saint Paul
- Subdivision: Schroeders Add To, The Circle
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2022 | Sold | $442,715-11.4%$141/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6272732 | ||
| 12/9/2022 | Pending sale | $499,900$159/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6272732 | ||
| 12/8/2022 | Price change | $499,900-2%$159/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6272732 | ||
| 11/30/2022 | Price change | $509,900-2.9%$162/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6272732 | ||
| 11/9/2022 | Price change | $524,900-4.5%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6272732 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,872 +7.1% | $444,400 +0.4% |
| 2023 | $8,284 +0.5% | $442,600 +6.5% |
| 2022 | $8,242 +12.9% | $415,700 +4.6% |
Find assessor info on the county website
Neighborhood: Merriam Park
Nearby schools
GreatSchools rating
- 7/10Groveland Park Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Hidden River Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Central Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$553,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$553,000