273 BIRMINGHAM ST

PID: 342922340081· 2 fields stubbed (see below)

Property Overview

Parcel ID342922340081

Lot Size56,192 sq ft (1.440 ac)

Lot Dimensions (est.)159 ft wide × 353 ft deep

Year Built1951

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerEDGBASTION MEADOWS LLC

Assessed Value$3,502,100

Land Value$900,000

Building Value$2,602,100

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

1 permit on record since 2016 · $400 total declared value · Most recent: Apr 2016 (electrical)

ElectricalApr 2016Active/Issued

$400

PRESTON ELECTRIC INC

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

Neighborhood Profile

Southeast Community Organization · Saint Paul

Median reported rent999/mo

Renter-occupied35.6%

Median home value$227K

Vacancy rate4.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 346.02

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 width149 ft

Buildable depth313 ft

Area~37,188 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 37,188 sqft buildable area.

Est. units

272

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
250 BIRMINGHAM ST	EDGBASTION MEADOWS LLC	APT OR COMPLEX 100+ UNITS	$8,054,800	268 ft
1428 PACIFIC ST	1428 PACIFIC OWNERS LLC	OFFICE BUILDING 1-2 STORIES	$208,500	310 ft
325 BIRMINGHAM ST	NORTH END APARTMENTS LLC	TWO FAMILY DWELLING - SIDE/SIDE	$372,400	317 ft
328 BIRMINGHAM ST	ARMANDO P OROZCO	TWO FAMILY DWELLING - SIDE/SIDE	$371,200	364 ft
251 BIRMINGHAM ST A101	1812 CLINTON 200 LLC	CONDO	$78,900	408 ft
251 BIRMINGHAM ST A102	1812 CLINTON 200 LLC	CONDO	$78,900	408 ft
255 BIRMINGHAM ST B101	TSEGAYE FEREDEGN	CONDO	$91,100	408 ft
255 BIRMINGHAM ST B102	JAMES PINKHAM KOJI PINKHAM	CONDO	$91,100	408 ft
251 BIRMINGHAM ST A001	1812 CLINTON 200 LLC	CONDO	$75,000	408 ft
259 BIRMINGHAM ST C001	9141 HWY 55 LLC	CONDO	$72,700	408 ft

Property History

Most Recent Sale

Date2024-05-16

Price$10,025,000

Type—

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.