$17,000

About This Property

Oversized corner lot. Almost one third acre. And backs up to a small canal. A short distance from SR 82. Not far to shopping and schools. Buy now and build or hold for future investment. 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.

infoProperty Details

Property Type

Residential Lot

Lot Size

0.32 acres

Days on Market

297

Cumulative DOM

339

List Date

Jun 27, 2023

Sold Date

May 22, 2024

Annual Taxes

$292.79 (2022)

HOA Fee

$0

yardExterior & Lot

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Listed By

Coldwell Banker Preferred Properties

239-369-6161