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Property Description
300K price reduction + Seller is open to contract-for-deed financing. Prime development site for a residential or multi-family apartment project. Adjacent to the Pillars of Hermantown, a newer luxury senior living building which has experienced strong demand. Hermantown City Hall is across the street from there. Only 2.2 miles to Miller Hill Mall and close proximity to Sam's Club, Costco, Target and an abundance of other shopping and restaurants. 5 Miles to DT Duluth and 2.5 Miles to Duluth International Airport. Recent studies show strong local housing demand and this parcel is ideally situated. We have concept plans for a multi-family apartment building and one for Twinhomes and Villa Homes which have both previously been approved by the city. Don't miss capitalizing on this opportunity - Inquire for additional information!
Property Features
Property Type: Land - Residential
Lot Size: 12.87 Acres
Taxes: $368
Feature Descriptions
Development Status: Raw Land
Improvements: Public Road
Lot Dimensions: 1
Topography: Gently Rolling
Utilities: Other Available Connected
Local Schools
School District: Hermantown
Listed By / Shown By
Listed By
Agency Name: Pemberton RE
Agency Phone: 612-260-8777
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 5,055.27 per month $4,763.57 Principal & Interest $30.67 Property Tax $261.04 Homeowner's InsuranceChange Payment Information
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507x Maple Grove Road | MLS# 7151538
This land located at 507x Maple Grove Road , Hermantown, MN 55811 is currently listed for sale with an asking price of $895,000. The property has approximately 12.87 Acres. 507x Maple Grove Road is located within the Hermantown school district. Search Hermantown real estate on www.counselorrealty.net today.