Rare opportunity for investors and developers in Saint Paul's high-demand Hamline University corridor. Set on an oversized lot spanning more than a quarter acre, just minutes from Hamline University and several nearby colleges, this property offers immediate rental income with long-term development potential. The three-story home was previously zoned as a duplex and can accommodate up to six residents, making it well-suited for student housing or other high-demand rental opportunities. The unfinished lower level provides additional space for future expansion or value-add improvements. Outside, the detached garage, generous garden area, and oversized yard offer flexibility today, while the lot itself presents compelling redevelopment potential. With consistent rental demand fueled by the surrounding universities, this is a rare opportunity to generate income now while exploring future multifamily development, subject to city approvals.
21 days
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933
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58
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Zillow last checked:
Listing updated:
Listed by:
Cari Ann Carter-Cari Ann Carter Group612-926-9999,
Edina Realty, Inc.,
Jordan Hoglund763-350-5518
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7105165
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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