Opportunity for builder/investor for 7 lots in the City of North Branch. Partially wooded and will be located on 399th St, a new street to be completed in spring/summer 2020. Land/lots are owned by City and will have a 55+ and income restrictions, but not asset restriction. (Income restriction on first sale of the property only.) Subsequent home sales will not have the income restriction. Closing will likely be May/June 2020 or when permits can be issued by City. Purchase agreement will require EDA approval and will be subject to city guidelines for approval and conditions
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