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527 6th AVE NW Faribault, MN 55021
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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 Sub-Type Triplex
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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