$315,200
$309,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
527 6th AVE NW Faribault, MN 55021
1,765 SqFt
Key Details
Sold Price $315,200
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,765 sqft
Price per Sqft $178
Subdivision Mcclellands Add
MLS Listing ID 6632599
Sold Date 01/13/25
Year Built 1880
Annual Tax Amount $2,308
Tax Year 2024
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 105x66
Property Description
Take advantage of this fantastic investment opportunity with this fully remodeled triplex in Faribault. This property features three spacious 2-bedroom units, all recently updated to offer modern amenities while preserving the charm of the building. With tenants responsible for their own heat and electric, this property offers a great potential for steady cash flow and low maintenance for the owner.
Location
State MN
County Rice
Zoning Residential-Multi-Family
Rooms
Basement Block, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached, Asphalt
Garage Spaces 1.0
Fence None
Roof Type Age 8 Years or Less
Building
Lot Description Tree Coverage - Light
Story More Than 2 Stories
Foundation 900
Sewer City Sewer/Connected, City Sewer - In Street
Water City Water/Connected, City Water - In Street
Level or Stories More Than 2 Stories
Structure Type Fiber Cement
New Construction false
Schools
School District Faribault
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