981 ST ALBANS ST N

PID: 262923140136· 2 fields stubbed (see below)

Property Overview

Parcel ID262923140136

Lot Size26,136 sq ft (0.610 ac)

Lot Dimensions (est.)274 ft wide × 95 ft deep

Year Built1969

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerWOLKOWICZ FAMILY LMTD PRTNRSHP

Assessed Value$2,185,300

Land Value$480,000

Building Value$1,705,300

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

14 permits on record since 2018 · $23K total declared value · Most recent: Jan 2023 (electrical)

ElectricalJan 2023Finaled

$1K

TIM KUNKEL ELECTRIC LLC

ElectricalNov 2022Finaled

$500

TIM KUNKEL ELECTRIC LLC

PlumbingMay 2022Finaled

$5K

BRUCE NELSON BRUCE NELSON PLBG & HTG SERVICE INC

Building PermitMay 2022Active/Issued

$5K

WOLKOWICZ REALTY

PlumbingApr 2022Finaled

$250

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC

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

Neighborhood Profile

District 10 Como Community Council · Saint Paul

Median reported rent927/mo

Renter-occupied28.5%

Median home value$227K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 312

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 width264 ft

Buildable depth55 ft

Area~13,027 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 5-over-1 podium (12–50 units) benchmarks for 13,027 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
995 ST ALBANS ST N	WOLKOWICZ FAMILY LMTD PRTNRSHP	APARTMENTS 20-49 RENTAL UNITS	$2,185,300	95 ft
693 FRONT AVE	JOSEPH DAVID DROWN	SINGLE FAMILY DWELLING, PLATTED LOT	$224,900	152 ft
689 FRONT AVE	NENG KHANG YER LOR	SINGLE FAMILY DWELLING, PLATTED LOT	$299,600	157 ft
697 FRONT AVE	JOSE BRUNO CHRISTIAN VASQUEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$228,500	157 ft
701 FRONT AVE	MARK SPANNBAUER	SINGLE FAMILY DWELLING, PLATTED LOT	$299,000	171 ft
685 FRONT AVE	DAVID M CROTTY III	SINGLE FAMILY DWELLING, PLATTED LOT	$237,500	172 ft
681 FRONT AVE	SHAUN A TELIN SHERRY TELIN	SINGLE FAMILY DWELLING, PLATTED LOT	$231,200	192 ft
705 FRONT AVE	ERWIN ANDERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$267,000	193 ft
690 COMO AVE	RESCARE MINNESOTA INC	APARTMENTS 7-19 RENTAL UNITS	$1,185,900	202 ft
676 COMO AVE	JANET KOLTERMAN JAMES WOLD	SINGLE FAMILY DWELLING, PLATTED LOT	$290,900	238 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.