$15,000

About This Property

Oversized quarter acre lot in growing area. Less than 2 blocks from the East Lee County High School. A short distance from SR 82. Not far to shopping. Located in the East Lehigh Opportunity Zone. The Opportunity Zone Program aims to foster economic development and job creation in economically distressed communities. It was created by the Federal Tax Cuts and Jobs Act of 2017 to encourage businesses, developers and financial institutions to invest long-term capital in low-income census tract areas. Tax benefits can accrue once unrealized capital gains from other investments are rolled into Qualified Opportunity Zone Funds. Benefits include deferred taxes, reduced taxes and the rolled over capital gain appreciates tax-free. Buy now and build or hold for future investment.

infoProperty Details

Property Type

Residential Lot

Lot Size

0.28 acres

Days on Market

20

Cumulative DOM

73

List Date

Nov 29, 2022

Sold Date

Feb 9, 2023

Annual Taxes

$265.27 (2021)

HOA Fee

$0

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Coldwell Banker Preferred Prop

239-369-6161