Faribault, MN 55021,538 2nd ST NW
Faribault, MN 55021,538 2nd ST NW
Faribault, MN 55021,538 2nd ST NW
Faribault, MN 55021,538 2nd ST NW
Faribault, MN 55021,538 2nd ST NW
Faribault, MN 55021,538 2nd ST NW
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$226,000

$223,000

1.3%
Est.Price: ?

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Est. payment /mo

2,786 SqFt


SOLD DATE : 03/24/2022

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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Listed by Mario Mjelleli • Edina Realty, Inc.

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