For Sale: North Branch MLS# 6018903
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$725,000
Property Type:
Lot/Land
City:
North Branch
County:
Chisago
State:
MN
Property Style:
Lot/Land
Zip Code:
55056
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
Paved Streets
Lot & Land
Acres:
66.6
Geolocation:
45.5229740838, -92.9658871382
Inclusions:
Easements, Platted, Soil Test Available, Torrens
Lot Dimensions:
1305 x 2355 x 1305 x 2355
Restrictions:
- Easements
- Land Leased
Zoning:
Residential-Multi-Family
Lot Description:
- Green Acres
- Irregular Lot
- Tree Coverage - Light
Farm
Soil Type:
Loam, Sand
Topography:
Level
Schools
School District:
138
District Phone:
651-674-1000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,480
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,480
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
66.500
Land Lease Amount:
100
Miscellaneous
Development Status:
Raw Land
Improvements:
Paved Streets, Public Road
Available Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Phone Available
- Sewer Available
- Water Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.