586 LINCOLN AVE

PID: 012823320094· 2 fields stubbed (see below)

Property Overview

Parcel ID012823320094

Lot Size7,405 sq ft (0.170 ac)

Lot Dimensions (est.)50 ft wide × 148 ft deep

Year Built1890

Property ClassAPARTMENTS 4-6 RENTAL UNITS

OwnerMARY BOLER GARCIA

Assessed Value$779,000

Land Value$80,000

Building Value$699,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

Potential programs

Saint Paul STAR Grants & LoansMedium

Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.

Saint Paul — STAR Program ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2016 · $27K total declared value · Most recent: Jun 2020 (building permit)

Building PermitJun 2020Active/Issued

$25K

Mary Boler Garcia

Building PermitNov 2019Inspected

Mary Boler Garcia

ElectricalJul 2016Finaled

$2K

South Side Electric Inc

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Summit Hill Association · Saint Paul

Median reported rent1,151/mo

Renter-occupied49.5%

Median home value$404K

Vacancy rate10.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 358

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth108 ft

Area~1,078 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 1,078 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
592 LINCOLN AVE	ROGER L ANDERSON DOROTHEA L ANDERSON	THREE FAMILY DWELLING, PLATTED LOT	$754,000	50 ft
584 LINCOLN AVE	ALLAN L ALTOBELL JUDITH K ALTOBELL	SINGLE FAMILY DWELLING, PLATTED LOT	$562,800	62 ft
598 LINCOLN AVE	BIRKENHEAD LLC	APARTMENTS 7-19 RENTAL UNITS	$1,441,900	103 ft
576 LINCOLN AVE	JOSHUA B COLTON LISSA N CHIPECO COLTON	SINGLE FAMILY W/ACCESSORY UNIT	$1,158,200	138 ft
602 LINCOLN AVE	MAXIMILIANO CENTENO SUSAN K CENTENO	SINGLE FAMILY DWELLING, PLATTED LOT	$472,200	158 ft
13 CROCUS HILL	CHRISTIAN M. DUBOIS ALEXIS R. DUBOIS	SINGLE FAMILY DWELLING, PLATTED LOT	$1,516,000	172 ft
12 CROCUS HILL	JOHN D NORTON ANN K NORTON	SINGLE FAMILY DWELLING, PLATTED LOT	$947,300	179 ft
15 CROCUS HILL	GENEVIEVE M ZIMMERMAN JACOB S ZIMMERMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$1,551,400	190 ft
11 CROCUS HILL	ERIC BAEVERSTAD REBECCA BAEVERSTAD	SINGLE FAMILY DWELLING, PLATTED LOT	$1,128,100	198 ft
589 LINCOLN AVE	SHAINA R MICHAEL	THREE FAMILY DWELLING, PLATTED LOT	$709,800	215 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount. See README for details on which sources are live vs. stubbed.