Twitter
Facebook
Email
|
Large four unit apartment building right on the edge of downtown Faribault with excellent long term rental history and double digit cap rate. Great return on revenue with opportunity to increase monthly income. Large lot that backs up to a shared community trail and walking distance to parks, trails, restaurants and more. Shared coin op laundry room in the lower level with individual storage units for each unit. Oversized two car garage and plentiful off-street parking for each unit.
| TRACT | Polar Star Add/Faribault | YEAR BUILT | 1962 |
|---|---|---|---|
| COMMUNITY | Polar Star Add/Faribault | GARAGE SPACES | 2.0 |
| COUNTY | Rice | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| School District | Faribault |
|---|
| ADDITIONAL DETAILS | |
| AMENITIES | Coin-op Laundry Owned |
|---|---|
| AREA | Polar Star Add/Faribault |
| BASEMENT | Block, Egress Window(s), Finished, Partial, Partially Finished, Storage Space, Yes |
| CONSTRUCTION | Wood Siding |
| GARAGE | 36x24, Door size - 14x7, Garage Door Opener, SqFt - 864, Yes |
| HEAT | Baseboard, Fuel - Electric, Hot Water, Natural Gas |
| LOT | 0.8 acre(s) |
| LOT DESCRIPTION | Tree Coverage - Light |
| LOT DIMENSIONS | 133x270x151x217 |
| PARKING | Detached, Asphalt, Garage Door Opener |
| SEWER | City Sewer/Connected |
| STORIES | 1 |
| SUBDIVISION | Polar Star Add/Faribault |
| TAXES | 3900 |
| UTILITIES | 200 Amp Service |
| WATER | City Water/Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with RE/MAX Advantage Plus
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed.
Copyright 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2024.
| SATELLITE VIEW |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Matt
Steeves to contact you even if your name is on a Federal or State
"Do not call List".