103 4Th Street Cir Princeton, MN 55371
This exceptional 0.343-acre lot presents a unique opportunity in Princeton, Minnesota. Situated on the picturesque Rum River, this wooded property offers a tranquil setting with convenient access to Riebe Park and MN-95. The lot boasts an existing asphalt driveway and has recently undergone maintenance to enhance its appeal. A gentle slope leads down to the riverbank, providing versatile options for development. Imagine building your dream home, a cozy cabin, or a simple shed. The possibilities extend to recreational uses such as camping, all within this serene riverfront location. Prospective buyers are encouraged to verify development options with the city of Princeton. A significant advantage is the existing electricity service already connected to the lot, simplifying the building process. The property's APN is 240400750, located at 103 4th St Cir, Princeton, MN 55371, in Mille Lacs County. This is a rare chance to acquire a piece of riverfront property in a desirable location, ready for your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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