$1,099,000

1619 Hubbard Avenue, Saint Paul, MN 55104

6,938 sqft

Commercial Property
Built in 1900
0.35acre lot
5 car garage
$158/sqft
Listed 9 months ago

Property Description

1619 Hubbard Avenue is a remarkable investment opportunity to acquire 9 well-appointed units steps away from the prestigious Hamline University and five blocks south of the Minnesota State Fairgrounds. Every apartment is unique and spacious with some of them receiving solid surface quartz countertops, stainless steel appliances, refinished hardwood flooring, original French doors and luxury vinyl plank. Kitchens and bathrooms are remodeled with newer tile, cabinets, plumbing and lighting fixtures and fresh paint. Newer hot water boiler services all the apartments for heat. All the electrical panels and breakers have been updated. The exterior siding is maintenance free and windows have all been replaced. Both the pitched roofs on the main building and detached garage are newer. Building sits on a larger 0.34 acres with a five-car garage for additional income and a back parking lot for tenants with plenty of off-street parking. Lower level has the potential to add another unit making it a 10-unit. This asset is 100% full and super easy to keep rented. In place NOI of $67,772 and a 6.16% cap rate. This property has been well managed over the years and has great curb appeal!

Listing Status:: Active
Data Last Updated:: July 22, 2026 at 2:16PM
Listing Office:: Apartment Cash Flow, Inc. : 651-263-3653
MLS ID:: 6803172

Appliances: RangeRefrigerator
Basement: FinishedFull
Flooring: CarpetLuxury Vinyl PlankWood
A/C: Window Unit(s)
Heating: BoilerHot Water

General: Vinyl
Pool: None
Parking: Detached GarageParking Lot

Roofing: Age 8 Years or LessAsphaltPitched
Windows: Double Pane WindowsInsulated Windows
General: Three Or MoreStone

Road/Access: City Street
Originating MLS: northstar
School District: St. Paul
County: Ramsey

Topography: Level
Zoning: 282923440014
Fencing: None
Current Use: Residential

Utilities: Electric SeparateHeating CommonHot Water Common
Water: City Water/Connected
Sewer: City Sewer/Connected

Source: northstar

This listing courtesy of Apartment Cash Flow, Inc.

Monthly Payment

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Principal & Interest $
Property Taxes $
Home Insurance $
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