$500,000
$600,000
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1407 W 4th ST Red Wing, MN 55066
5.15 Acres Lot
Key Details
Sold Price $500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Sweneys Add
MLS Listing ID 6163809
Sold Date 05/01/23
Annual Tax Amount $702
Tax Year 2022
Contingent None
Lot Size 5.150 Acres
Acres 5.15
Lot Dimensions 1x1x1x1
Property Description
A rare opportunity to acquire 5.14 acres of prime residential development land in the heart of Red Wing! Parcels are zoned R2. R2 allows 1 & 2 Family residential homes – 8 units per acre. This zone could accommodate roughly 40 residential units consisting of: townhomes, duplex rentals, single family homes, etc. - subject to how the units might fit the property. An ideal 1031 replacement property. There are utility easements which run along Jackson Street, an access easement for a property on 5th., and a proposed scenic easement on a portion of the hillside parcel.
Property tax amount is proposed. This listing is comprised of six platted lots: PID#555351280 PID# 555351230 PID#555351210 PID#555351220 PID#555351270 PID# 555351410
Location
State MN
County Goodhue
Zoning Residential-Single Family
Interior
Fireplace No
Exterior
Fence None
Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Underground Utilities Available, Water Available
Building
Lot Description Irregular Lot, Tree Coverage - Light, Underground Utilities
Schools
School District Red Wing
Others
Restrictions Easements,Other
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