$295,000
$315,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
XXXX 145th AVE S Montgomery, MN 56069
53.1 Acres Lot
Key Details
Sold Price $295,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5696777
Sold Date 08/10/21
Annual Tax Amount $3,126
Tax Year 2020
Contingent None
Lot Size 53.100 Acres
Acres 53.1
Lot Dimensions 660x1775x660x2640
Property Description
CRP income at $325/acre through 2025! Annual lease of 5 acres for sod! Organic practices being followed for when the CRP contract ends! Check out this 53 acre parcel with about 49 acres tillable. Of that about 42 acres is in CRP at an amazing $325/acre through 2025. There is also an annual lease for 5 acres for sod. The tillable land is partially tiled, details are available. Use the annual CRP income of almost $14,000 to cover about 1/3 of the cost of the property. Priced below tax assessed value. Great investment opportunity!
Location
State MN
County Le Sueur
Zoning Agriculture
Interior
Fireplace No
Exterior
Utilities Available None Connected, Electricity Available
Schools
School District Tri-City United
Others
Restrictions Other Bldg Restrictions
Read Less
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