$105,000

1806 44th Avenue N, Minneapolis, MN 55412

Land
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

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.

Listing Status:: Active
Listing Office:: eXp Realty : 320-500-4397
MLS ID:: 6802598

Improvements: CurbsPaved StreetsSidewalks

Road/Access: City StreetCurbsPaved StreetsSidewalks
HOA Amenities: 0.0
Originating MLS: northstar
School District: Minneapolis
County: Hennepin

Topography: Level
Zoning: 1411821110014

Utilities: None ConnectedNone Available

Source: northstar

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Loring Community School

2600 44th Ave N, Minneapolis, MN, 55412

Grades PK-5

0.50 miles away

Olson Community Middle School

1601 51st Ave N, Minneapolis, MN, 55430

Grades 6-8

0.76 miles away

Henry High School

4320 Newton Ave N, Minneapolis, MN, 55412

Grades 9-12

0.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.