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538 2nd ST NW Faribault, MN 55021
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Nicole Biczkowski
nicolebiczkowskibroker@chime.meOur team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $226,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,786 sqft
Price per Sqft $81
Subdivision Mcclellands 2Nd Add
MLS Listing ID 6151925
Sold Date 03/24/22
Year Built 1900
Annual Tax Amount $2,464
Tax Year 2021
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 66x108
Property Description
This up and down duplex is centrally located and walkable to Walgreens, Fareway Grocery, Holiday Gas, and 6 restaurants. Upstairs unit is $1,250/mo. and has 2 bedrooms, 1 full bath, downstairs is $1,335/mo. and has 3 bedrooms and 1 full bathroom. Photos were taken before tenants moved in. Live in one unit and let the other pay your mortgage. Or rent both for a 30% COC and 8%-11% CAP rate, or even AirBnB. Many options with this duplex.
Location
State MN
County Rice
Rooms
Basement Full
Interior
Heating Hot Water
Fireplace No
Exterior
Garage Detached
Garage Spaces 2.0
Fence Chain Link, Partial
Roof Type Age Over 8 Years
Parking Type Detached
Building
Lot Description Corner Lot
Story Two
Foundation 1191
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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Nicole Biczkowski