Property Description:
Buy for $214,800 or Lease to Own with $15K down - $1,725/mo. Buy within 12 month lease for $226,800 - The Spring Park zoning code R-1 district allows two single family dwellings on at least 12,000 sqft. This lot is over 20,000 sqft, so more than enough! Building a twin home/ town home would be a very lucrative investment. - Fuel Oil Tank in the front yard - 200 Gallons - No longer in use after 2014 when owner updated his furnace to a Natural Gas modern system. Great Opportunity for the Right Flipper, Buy and Hold, Builder or Developer - 1/2 Acre Lot / High ground / Very rare - City Tennis courts and Thor Thompson Park just behind the property - Located just a few blocks from the lake and walking distance to several Lake Minnetonka hot spots - The least expensive home SOLD in the area was $560K and then it goes up to 2.5 Million - You can split the lot to build Twin Homes - Walking distance to 5 different Bays, Post Office, restaurants, coffee shops all within 4 blocks - Regional Bike Trail / Luce Line Trail across the street, easy walk over to Lake - Less than a 1 mile from Lord Fletchers, Minnetonka Drive- In, The Narrows Saloon, Lunds & Byerlys, DQ & Culver’s - Very easy access to Shoreline Dr / Cty Rd. 15 and less than 2 Miles to Lafayette Country Club