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1631 Charles Ave
Saint Paul, MN 55104 Hamline-Midway

$1,275,000 USD

Apartments For Sale  •  10,260 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,260 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1940
  • Cap Rate 7.93 %
  • Zoning RM2
0 Transit Score
88 Walk Score

Highlights

ALL BRICK EXTERIOR WITH GREAT CLASSIC CURB APPEAL
NEWER ANDERSEN 100 SERIES WINDOWS THROUGHOUT THE ENTIRE BUILDING!!
NEWER HOT WATER BOILER SERVICES ALL APARTMENTS
RESIDENTS PAY THEIR OWN ELECTRIC BILL

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $101,112 USD (2025)
Cap Rate: 7.93 %
Total Expenses: $50,756 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Recycling
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
9 min - 4.9 mi
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 15 min - 7.0 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 17 min - 7.8 mi
Nathan Opatz 651-263-3653 Apartment Cash Flow, Inc
Nathan Opatz 651-263-3653 Apartment Cash Flow, Inc