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Active
1806 44th AVE N Minneapolis, MN 55412
6,534 Sqft Lot
UPDATED:
02/19/2025 04:00 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Camden Oaks Add
MLS Listing ID 6652707
Annual Tax Amount $912
Tax Year 2024
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 43x150x43x150
Property 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
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
Location
State MN
County Hennepin
Zoning Residential-Single Family
Interior
Inclusions Deck
Fireplace No
Exterior
Utilities Available None Connected, None Available
Schools
School District Minneapolis
Others
Restrictions None
Listed by Arne Johansson • Johansson Realty Inc