1806 44th Avenue N
Minneapolis, MN 55412
Description
Discover an incredible development opportunity at 1806 44th Ave N in Minneapolis. This commercial-zoned property offers the potential to construct a 12-unit apartment building in a thriving area near North Regional Library, Victory Memorial Parkway, and direct bus routes to downtown. Residents will enjoy nearby dining options like Tori 44 and The Lowry Cafe, as well as proximity to Loring Community School and other amenities.
This property presents an exceptional investment opportunity with significant tax benefits, including depreciation and mortgage interest deductions. With the potential for **huge cash flow, tax savings, and long-term equity growth**, projected cash flow after the mortgage is paid off could exceed **$280,000 annually**, making it an ideal choice for future retirement security. Don’t miss your chance to bring this high-demand development project to life
Property Details
- Utility FeaturesNone Connected, None Available
- SubdivisionCamden Oaks Add
- Parcel Number1411821110014
- School DistrictMinneapolis
- Property TypePurchase
- CountyHennepin
- MLS #6652707
- MLS #6652707
- Cost105000
- Taxes Annual$912
- Property SubtypeLand
- Days on Market (Cumulative)10
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Arne Johansson (#NST502028615)
Listing Office: Johansson Realty Inc (#NST41101)
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