$349,900
For Sale

3228 Garfield Avenue

Minneapolis, MN 55408
Listing OfficeColdwell Banker Realty
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is a fantastic development opportunity to own a large lot in Minneapolis! The property is zoned as UN2 (Urban Neighborhood 2 District) and BFI3 (Interior 3 Built Form Overlay District). According to the City of Minneapolis, you can build up to 12 units with a maximum height of 3 stories. Common buildings in this zoning district include condominiums and apartments with up to 12 units, as well as side-loaded four-unit townhomes. Currently, there is a community garden on the lot, but it will be vacated before closing, as there are no leases in place.

  • Property Details
      • Utility FeaturesNone Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available
      • Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
      • Lot DescriptionPublic Transit (w/in 6 blks), Tree Coverage - Light
      • SubdivisionMotor Line Add
      • Parcel Number0302824230100
      • School DistrictMinneapolis
      • Property TypePurchase
      • CountyHennepin
      • MLS #6692015
      • MLS #6692015
      • Taxes Annual$3,459
      • Cost349900
      • Property SubtypeLand
      • Days on Market (Cumulative)11

Location

Jayce Johnson | RE/MAX Realty 1Real Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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