For Sale: Saint Paul MLS# 7003900
Active
NEW!
$750,000
Multi-family: 2 Stories
8 br • 8 ba • Built 2026
4,400 sqft • 0.135 acres
MLS# 7003900
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Prime development opportunity in Saint Paul! This 2.7-acre site, encompassing 17 city lots in the North End neighborhood, is pre-approved for a multi-family residential building. Options include a 50-unit apartment complex or a senior housing project with over 90 units, offering 79, 300 square feet of potential living space. Zoned RM2 (Medium Density Residential), the property comes with variances for parking, wetland use, and setbacks, with prior approvals and permits in place. This plan facilitates 4 larger units as a potential build. Soil tests and wetland delineations have been completed, and the design integrates a preserved wetland area as an amenity. Conveniently located near downtown Saint Paul, public transportation, and major amenities, this project is ready for immediate development. In addition to residential development, recent discussions have also considered self-storage as a viable option for this parcel, given the success and strong performance of nearby storage facilities. The existing zoning, along with previously approved variances and completed environmental work, could support a change in use or a rezoning application, subject to city approval. The preserved wetland feature offers an opportunity to design a visually appealing facility that incorporates green space, while the site's accessibility and central location position it well for steady demand in the self-storage market.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Price per sq ft:
$170
Property Type:
Multi-family
City:
Saint Paul
Garage Spaces:
4
County:
Ramsey
Year Built:
2026
State:
MN
Property Style:
2 Stories
Zip Code:
55117
Neighborhood/Area:
97
Subdivision Name:
Hagers Sub Of Lots, 1,
Interior
Bedrooms:
8
Bathrooms:
8
Finished Area:
4,400 ft2
Living Area:
4,400 ft2
Basement Details:
Other
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
300 ft2
Foundation Size:
1 ft2
Handicap Accessible:
Other
Heating System:
Other
Lot & Land
Acres:
0.135
Geolocation:
44.983355, -93.102563
Lot Dimensions:
Irregular
Schools
School District:
2102
District Phone:
6517678100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$190
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$190
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.