Homes for sale - 728 Colonial CIR, Faribault, MN 55021

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Christopher Schmidt

chris@theschmidt-group.com +1(507) 218-6254

$ 299,900

Est. payment -/mo

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Contingent

728 Colonial CIR Faribault, MN 55021

2,347 SqFt

UPDATED:

11/12/2024 03:28 PM

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Contingent

Purchase Type For Sale

Square Footage 2,347 sqft

Price per Sqft $127

Subdivision Colonial Heights

MLS Listing ID 6627184

Year Built 1983

Annual Tax Amount $3,534

Tax Year 2024

Contingent Inspection

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 18,396 SF

Property Description

JINGLE BELLS, JINGLE BELLS, JINGLE ALL THE WAY! Listen closely—those are the sweet sounds of rental income rolling in! The ultimate holiday gift is here—an adorable duplex that’s as cozy & magical as the season itself. Tucked at the end of a cul-de-sac, this beauty offers all the good stuff—privacy, minimal traffic, & a neighborly feel. With a gorgeous 0.422-acre lot, it’s your slice of serenity. Live in the main-level 2BR/1BA with its private composite deck, or rent both units for double the income! Either way, this smart investment starts generating cash flow from day one. If rental income & cozy living are your jam, this is the perfect match! The lower-level 2BR/1BA, with its private patio, already has a stable, long-time tenant in place. With this reliable tenant, you’re set to unwrap instant rental income from day one—talk about a holiday bonus. Each apartment has its own private entrance, in-unit laundry (no hauling laundry in the cold!), & a stall in the shared 2-car garage—perfect for snowy mornings. Plus, each unit has its own electric meter to keep billing simple & separate! Both units also have huge living rooms—plenty of space for a show-stopping Christmas tree & all your favorite things. The backyard is your peaceful hideaway, with sweeping hillside views over the south side of town. Cozy, cash-flow-ready, & ready to bring the magic—this duplex is the holiday sparkle you’ve been waiting for!

Location

State MN

County Rice

Rooms

Basement Block, Egress Window(s), Finished, Full, Owner Access, Single Tenant Access, Walkout

Interior

Heating Boiler, Hot Water

Fireplace No

Exterior

Garage Spaces 2.0

Fence Chain Link

Building

Lot Description Tree Coverage - Medium

Story One

Foundation 1212

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Wood Siding

New Construction false

Schools

School District Faribault

Listed by James Barta • RE/MAX Experts

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Christopher Schmidt

Christopher Schmidt

728 Colonial CIR Faribault, MN 55021

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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728 Colonial CIR