Rare build opportunity on double lot in Summit Hill. H1 Residential Zoning: Envision and build your dream home, or add to your portfolio with a cash-flowing duplex or multi family property. Property can face Osceola or Lexington. Lot split possible. This desirable neighborhood is walkable to retail shops and restaurants as well as historic Summit Avenue.
Explore this unique opportunity to develop land in one of the most popular neighborhoods in St Paul. You have the options of constructing a custom executive level single family home, build a multiple unit luxury condominium building, or construct a community use / civic center on a 6,319 square foot footprint (13,058 ft built currently) . This is the largest available single lot. Zoned H2, the zoning code allows for building up to 5 units -the buildings department stated they would be open to reviewing plans for allowing construction of a building with more than 5 condominium units. If you are looking to build a single-family home, the current code does not allow a footprint of more than 2,500 square feet. However, since this lot already has a pre-existing 6,319 square foot footprint, you'd have the ability to build a unique home using the current infrastructure. The bones on this are solid and it has been gutted down to the studs allowing you to create your own masterpiece.
The median home value in Saint Paul, MN is $268,200. This is lower than the county median home value of $290,900. The national median home value is $338,100. The average price of homes sold in Saint Paul, MN is $268,200. Approximately 48.35% of Saint Paul homes are owned, compared to 45.47% rented, while 6.17% are vacant. Saint Paul real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Paul real estate agent to arrange a tour today!
Saint Paul, Minnesota 55105 has a population of 309,751. Saint Paul 55105 is less family-centric than the surrounding county with 28.33% of the households containing married families with children. The county average for households married with children is 31.03%.
The median household income in Saint Paul, Minnesota 55105 is $63,483. The median household income for the surrounding county is $71,494 compared to the national median of $69,021. The median age of people living in Saint Paul 55105 is 32.7 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 32.3 inches per year, with 52.1 inches of snow per year.