Property Description:
PRICE
$12,000
TYPE
Lot/Land
ADDRESS
1222 N 25th Ave, Minneapolis
HIGHLIGHTS
Opportunity Zone! Shelter your investment and capital gains tax free!
Zoned R2B/Interior 2 (2040 plan) – Build a triplex. Great cash flow potential.
Corner lot
Developing neighborhood
Minimal holding costs (~$60/year property tax)
DIMENSIONS
38×100
SOLD COMPS (last 6 months, under 0.5 miles)
2818 Colfax Ave N – $13,900 ($1160 / 0.01 acre)
2818 Humboldt Ave N – $19,900 ($1660 / 0.01 acre)
2423 Aldrich Ave N – $43,350 ($1800 / 0.01 acre)
COMPS CURRENTLY ON MLS (current, under 0.5 miles)
2903 Fremont Avenue N -$35,000 ($2915 / 0.01 acre)
TIMELINE
Fast close! Closing by November 13, so assignment to be completed within the next few days!
selltotm.com/1222-n-25th-ave/