1619 Hubbard Avenue, Saint Paul, MN 55104
$1,099,000
Property Type:
Commercial
Square Footage:
6,938
Lot Size (sq. ft.):
14,810
Status:
Active
Current Price:
$1,099,000
List Date:
10/12/2025
Last Modified:
9/26/2026
Overview
Description
...
(Read more)
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 Details MLS# 6803172
General Property Information
- Lot Measurement
- Acres
- Management Company Name
- self managed
- Multiple PIDs?
- No
- Other Parking Spaces
- 12
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1900
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 2310
- Garage Stalls
- 5
- Power Company
- Xcel Energy
- For Sale or Lease
- For Sale
- Acres
- 0.34
- Lot Dimensions
- 80 x 200
- Assessment Pending
- No
Property Features
Accessible:
None
Air Conditioning:
Window Unit(s)
Appliances:
Range; Refrigerator
Assumable Loan:
Not Assumable
Basement:
Full
CMU Style:
Apartments/Multi Family
Construction Materials:
Frame; Stone
Construction Status:
Previously Owned
Current Use:
Residential
Existing Financing:
Conventional
Exterior:
Vinyl
Fencing:
None
Flooring:
Carpet; Luxury Vinyl Plank; Wood
Foundation:
Stone
Fuel:
Natural Gas
Heating:
Boiler; Hot Water
Loan Terms:
Cash; Conventional
Lock Box Type:
None
Lot Description:
Irregular Lot
On Site Utilities:
Electric Separate; Heating Common; Hot Water Common
Owner Pays:
Fuel; Heat; Insurance; Lawn; Lawn; Snow Removal; Trash Collection; Water
Parking Characteristics:
Parking Lot
Pool Description:
None
Potential Use:
Income
Rent Rate per Foot:
Per Month
Rental License Type:
Standard
Road Frontage:
City Street
Road Responsibility:
Public Maintained Road
Roof:
Age 8 Years or Less; Asphalt Shingles; Pitched
Sewer:
City Sewer/Connected
Stories:
Three Or More
Tenant Pays:
Broadband; Cable TV; Electricity
Topography:
Level
Water:
City Water/Connected
Window Features:
Double Pane Windows; Insulated Windows
Contract Information
- Contingency
- None
- ListPrice
- 1099000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1619
- Street Name
- Hubbard
- Street Suffix
- Avenue
- Postal City
- Saint Paul
- County
- Ramsey
- State
- MN
- Zip Code
- 55104
- Complex/Dev/Subdivision
- College Place, West, Division
Assessments
- Tax With Assessments
- 25746
Building Information
- Building Finished SqFt
- 6938
- Building SqFt
- 6938
- Ceiling Height
- 8-10
More Information
Income and Expenses
- Annual Caretaker Expense
- 1800
- Annual Electric Expense
- 981
- Annual Fuel Expense
- 5432
- Annual Gross Expenses
- 51565
- Annual Gross Income
- 124800
- Annual Insurance Expense
- 5550
- Annual Maintenance Expense
- 2925
- Annual Net Income
- 73235
- Annual Trash Expense
- 2666
- Annual Water/Sewer Expense
- 4763
- Total Annual Expenses
- 73235
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 28
- Township#
- 29
Sale Options
- Sale Includes
- Building, Land, Leases, Rental License
Unit 1
- No. of 1 Bedroom Units
- 7
Unit 2
- No. of 2 Bedroom Units
- Yes
Unit 3
- No. of 3 Bedroom Units
- Yes
Unit Details
- Total Units
- 9
Listing Office:
Apartment Cash Flow, Inc.
Last Updated: September - 26 - 2026
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Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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