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Friday, October 1, 2010

From $550k to . . . $166k

70% Off!

Where: 30xx Colfax Ave. South in Minneapolis' Uptown neighborhood
What: Uptown Triplex with 2,700 FSF
How much: $166,250
When: listed yesterday (9/30) with Coldwell Banker Burnet

Once upon a time -- like 2006 -- this Uptown property was listed for $550,000.

Today, it can be purchased from its bank-owner for $166,250.

It comes with a $7,000 property tax bill, but since that's pegged to a tax assessed value of $398,500, you'd certainly expect that to drop.

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