Zip Code
42 Aspen Ln, Babbitt, MN 55706
4 beds · 2 baths · 1,215 sq ft · Lot: 8,992 sq ft · Single Family Home · Last Sold: $160K in 2024 · Built: 1951
Est. Rent:
$2.2K/month

42 Aspen Ln Babbitt, MN 55706

4 beds · 2 baths · 1,215 sq ft · Lot Size: 8,992 sq ft · Single Family Home

Owned for Less Than 5 Years

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42 Aspen Ln is in the 55706 neighborhood of Babbitt, MN. It is located in St. Louis County and ZIP code 55706. This Single Family Home was built in 1951 and is approximately 74 years old. The single family home spans 1215 sq ft with 4 bedrooms and 2 bathrooms and sits on a 8992 sq ft lot. According to public records, it was last sold in 2024 for $160,000 and has a tax-assessed value of $175,500. Analyze and compare real estate investment strategies for properties like this home at 42 Aspen Ln Babbitt, MN 55706 with Property Intel by Whitepages.

Investment Potential for 42 Aspen Ln

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Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
—
Occupancy Rate
69%in 55706 zip code
 
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Owners & Occupancy for 42 Aspen Ln

No contact information is available.

Occupancy

Resident 1************************ age 65
Resident 2***************** age 26
Resident 3********************

Property Details for 42 Aspen Ln

Property Details

Property Sq Ft

Living Area

1,215 sq ft

10% below market

Lot Size

8,992 sq ft

51% below market

Property condition, age, exterior, etc. for 42 Aspen L…
Longitude: -91.945687 Latitude: 47.710854 Parcel Number (APN): 105001000260…
Mortgage originated on through lender: Mann Mtg Llc for$******View Mortgage Details
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Market Benchmarks

Compare data for 42 Aspen Ln in St. Louis County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
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—
—
—
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YoY Price Change
—
—
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Year Built
1951
1987
-36 years
Living Space
1,215 sq ft
2,316 sq ft
-1101 (-48%)
$ Per Living Sq Ft
—
—
—
Lot Size
8,992 sq ft
14,246 sq ft
-5254 (-37%)
$ Per Lot Sq Ft
—
—
—

Net Operating Income
$*****
$19,897
$17 (0%)
Annual Revenue
$26,400
$31,200
-$4,800 (-15%)
$****
$11,153
-$4,667 (-42%)
Net Operating Income
$*****
$19,897
$17 (0%)
Cap Rate
—
—
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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