Great tillable parcel located S. of Brownton. 120 total acres with approx. 116.8 FSA tillable acres. Average soil CPI rating of just over 88 with approx. 73% of the soils rating in at 90 or above. Some existing tile in place with intakes. Outlet into the county ditch on the N property line which also provides sufficient outlet for any future tiling if desired. Current rental agreement for 2019 provides just under $21,000 in net income after current property taxes. Crops for 2019 include corn and soybeans. Whether looking to add to your current operation or strictly an investment or 1031 exchange, this is a great property!
Based on the average sale price from the Mankato, MN office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
XXX 57th St Penn Twp, MN is a Single Family Home for sale at $789000 and a lot size of 120 Acres Acre(s). XXX 57th St Penn Twp has 0 bedrooms, 0 baths . The property's zip code is 55312 which is in Penn Twp, MN
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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