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.
Listing courtesy of Cari Ann Carter-Cari Ann Carter Group, Edina Realty, Inc.
