Red Wing, MN 55066,1407 W 4th ST
Red Wing, MN 55066,1407 W 4th ST
Red Wing, MN 55066,1407 W 4th ST
Red Wing, MN 55066,1407 W 4th ST
Red Wing, MN 55066,1407 W 4th ST
Red Wing, MN 55066,1407 W 4th ST
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$500,000

$600,000

16.7%
Est.Price: ?

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Est. payment /mo

5.15 Acres Lot


SOLD DATE : 05/01/2023

Key Details

Sold Price $500,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Sweneys Add

MLS Listing ID 6163809

Annual Tax Amount $702

Tax Year 2022

Lot Size 5.150 Acres

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

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

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Listed by Thomas Brown • Lawrence Realty Inc.
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