$315,000
$314,900
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504 3rd ST NE Faribault, MN 55021
2,284 SqFt
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,284 sqft
Price per Sqft $137
Subdivision Coopers Add
MLS Listing ID 6603545
Sold Date 10/25/24
Year Built 1928
Annual Tax Amount $3,760
Tax Year 2024
Contingent None
Lot Size 0.530 Acres
Acres 0.53
Lot Dimensions 100x220
Property Description
An incredible investment opportunity is knocking at your door! This well-maintained triplex is brimming with potential and charm. Step into the upstairs unit, where you'll find a fresh coat of paint, sleek new drywall and trim, updated plumbing, and contemporary fixtures. It's a space that feels both fresh and inviting. The basement unit shines with its recent paint job, updated trim, and plush new carpeting—creating a cozy retreat with modern appeal. The main floor unit, now enjoying its 13th year on a reliable long-term lease, is newly painted and offers exciting potential for conversion into a second bedroom. Recent enhancements throughout the property include beautifully improved landscaping, brand-new gutters, and a well-maintained furnace and AC system. The windows and siding are just four years old, ensuring durability and energy efficiency. Don’t miss your chance to own this versatile gem, poised to deliver exceptional returns!
Location
State MN
County Rice
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Finished, Full
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Shared Driveway
Fence Partial, Wood
Building
Story Two
Foundation 875
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Faribault
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