$725,000
For Sale

39590 Hemingway Avenue

North Branch, MN 55056
Listing OfficeEdina Realty, Inc.
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Major price drop on this prime parcel in a MN Opportunity Zone. Unleash your creativity with high-density multi-family zoning that accommodates a broad spectrum of uses, including multi-family apartments, twin homes, and single-family properties. Property can be divided or phased. Mix of R3, R2, R1 zoning enhances the potential for diverse development. City utilities accessible on SW corner. Documentation from previous development plans and soil tests available upon request. This plot is dry land and is a golden opportunity for those seeking a substantial investment, especially for 1031 exchange purposes. Be the architect of the next grand development in the area.

  • Property Details
      • Utility FeaturesNone Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available
      • Lot FeaturesGreen Acres, Irregular Lot, Tree Coverage - Light
      • Lot DescriptionGreen Acres, Irregular Lot, Tree Coverage - Light
      • School DistrictNorth Branch
      • Parcel Number160004520
      • Property TypePurchase
      • CountyChisago
      • MLS #6018903
      • MLS #6018903
      • Taxes Annual$2,480
      • Cost725000
      • Property SubtypeLand
      • Days on Market (Cumulative)68

Location

Deb RungeReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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