1703, 1702 Ashland and Laurel Avenue, Saint Paul, MN 55104

General Property Information

Lot Measurement: Acres
Management Company Name: Relay Properties
Multiple PIDs?: Yes
Other Parking Spaces: 4
Owner Occupied: No
Waterfront Present: No
Year Built: 1920
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 6000
Management Company Phone: 651-515-1494
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.18
Lot Dimensions: 60x150
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Unit: French Doors; Hardwood Floors; Natural Woodwork; Tile Floors Appliances: Range; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block; Storage Space; Storage/Locker CMU Style: Apartments/Multi Family Construction Materials: Block; Brick; Frame Construction Status: Previously Owned Current Use: Residential Existing Financing: Other Exterior: Brick Veneer; Stucco Fencing: None Flooring: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Internet Options: Cable; DSL Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: None Lot Description: Corner Lot Miscellaneous Information: Alley; Exterior Lighting On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Common Area Maintenance; Electricity; Gas; Heat; Hot Water; Insurance; Lawn; Lawn; Maintenance/Repair; Management; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Uncovered/Open Pool Description: None Potential Use: None Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street; Curbs Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat; Pitched Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Wall Description: Finished; Plaster Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 3100000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 1703, 1702
Street Name: Ashland and Laurel
Street Suffix: Avenue
Postal City: Saint Paul
County: Ramsey
State: MN
Zip Code: 55104
Complex/Dev/Subdivision: Schroeders Add To, The Circle

Additional Parcels Information

Property ID #2: 042823130001

Assessments

Tax With Assessments: 27970
Assessment Balance: 0

More Information

Basement

Foundation Dimensions: 45x125
Concrete Block: Yes
Storage Space: Yes
Storage/Locker: Yes

Building Information

Building Finished SqFt: 18000
Building SqFt: 14000
Ceiling Height: 8-10

Income and Expenses

Annual Electric Expense: 2200
Annual Fuel Expense: 15000
Annual Gross Expenses: 180600
Annual Gross Income: 394500
Annual Insurance Expense: 19500
Annual Maintenance Expense: 29300
Annual Net Income: 213900
Annual Repair Expense: 12050
Annual Trash Expense: 6000
Annual Water/Sewer Expense: 11000
Total Annual Expenses: 180600
Annual Caretaker Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
Alley: Yes
Exterior Lighting: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 04
Township#: 28

Sale Options

Sale Includes: Building, Land

Unit 1

No. of 1 Bedroom Units: 24

Unit 2

No. of 2 Bedroom Units: 2

Unit Details

Total Units: 26

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: SCHROEDERS ADDITION TO THE CI LOT 12 BLK 12
Listing City: Saint Paul
Map Page: 107
Municipality: Saint Paul
School District: St. Paul
School District Phone: 651-767-8100
Zip Plus 4: 1418
Property ID Number: 042823130012
Tax Year: 2025
Tax Amount: 27970
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: The Sale includes 2 identical 13-unit buildings, 1703 Ashland Ave and 1702 Laurel Ave in St. Paul. They are "back to back". Updated, charming apartments located a few blocks North of Summit Avenue. These apartment buildings are close to Macalester College, yet tucked into a neighborhood with limited traffic. The building has been updated with carpets, paint, and lighting, while maintaining the character and charm of this vintage building. The apartments feature tiled bathrooms, hardwood floors, and have a lot of character. The building has on-site laundry, large storage units, and an electronic buzzer entry system. - No Dogs - Non-smoking building - Assigned storage unit. - On-Site Laundry - $15 per month. - Heat, Water, Sewer, and Trash are included in the rent. - Resident pays for electricity and cooking gas. - $65 application fee per applicant (one time). - Liability to Landlord Insurance: $10.50 per month. An impeccable property that shows the care of long-time pride of ownership.
Directions: Summit to Aldine St, North to Ashland

Accessible

None: Yes

Air Conditioning

Wall Unit(s): Yes

Amenities Unit

French Doors: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes
Tile Floors: Yes

Appliances

Range: Yes
Refrigerator: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Block: Yes
Brick: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Other: Yes

Exterior

Brick Veneer: Yes
Stucco: Yes

Fencing

None: Yes

Flooring

Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Internet Options

Cable: Yes
DSL: Yes

Lock Box Type

None: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Common Area Maintenance: Yes
Electricity: Yes
Gas: Yes
Heat: Yes
Hot Water: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Management: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Garage Dimensions: No
Uncovered/Open: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Flat: Yes
Pitched: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Wall Description

Finished: Yes
Plaster: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes
Six or More: Yes

No. of Refrigerators

One Per Unit: Yes
Six or More: Yes

Tenant Pays

Electricity: Yes

On Site Utilities

Electric Separate: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Location Description

Free Standing: Yes

Potential Use

None: Yes

Rent Rate per Foot

Per Month: Yes