Faribault, MN 55021,510 3rd ST NW
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Faribault, MN 55021,510 3rd ST NW
Faribault, MN 55021,510 3rd ST NW
Faribault, MN 55021,510 3rd ST NW
Faribault, MN 55021,510 3rd ST NW

$272,500

Est. payment /mo

$280,000

2.7%
Est.Price: ?

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510 3rd ST NW Faribault, MN 55021

2,534 SqFt

SOLD DATE : 10/01/2024

Key Details

Sold Price $272,500

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,534 sqft

Price per Sqft $107

Subdivision City/Faribault

MLS Listing ID 6577399

Sold Date 10/01/24

Year Built 1873

Annual Tax Amount $2,904

Tax Year 2024

Contingent None

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66x165

Property Description

Fantastic investment opportunity in the heart of Faribault! This centrally located duplex is perfect for both investors and those looking to owner-occupy. Live in one unit while generating rental income from the other, or rent out both units for a steady cash flow. Just a short walk from local stores and restaurants, this property offers convenience and potential. Upper level bedroom and sunroom not photographed.

Location

State MN

County Rice

Rooms

Basement Stone/Rock

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Spaces 2.0

Building

Story Two

Foundation 1572

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

New Construction false

Schools

School District Faribault

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Listed by Ismael Hernandez • Edina Realty, Inc.

Michael Finstad

Broker Associate | License ID: #20414120

+1(612) 245-6470

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