Property Description
Excellent investment opportunity in a prime Faribault location! This up/down duplex features two 3-bedroom, 1-bathroom units and offers significant value-add potential for investors looking to build equity and increase cash flow. Roof is less than 2 years old. Whether you're an owner-occupant looking to offset your mortgage or an investor seeking strong rental potential, this property delivers flexibility and value and offers a solid foundation for your investment goals. Situated in a convenient location with easy access to downtown, interstate 35W, shopping, dining, and everyday amenities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Heating: Forced Air
Lot Size: 0.25 Acres
Roof Type: Age 8 Years or Less
Taxes: $2,854
Year Built: 1873
Feature Descriptions
Days on Site: 8
Foundation Size: 944
Lot: Tree Coverage - Medium
Lot Dimensions: 66 X 165
Owners Expense: All Utilities, Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 1831126128
Parking: Gravel
Road Frontage: County Road
Sewer: City Sewer/Connected
Tenant Expenses: Telephone
Units: 2
Water: City Water/Connected
Local Schools
School District: Faribault
Listed By / Shown By
Listed By
Agency Name: Edina Realty, Inc.
Agency Phone: 507-334-1695
Shown By
Agent Name: Shirley Lee
Agent Phone: (507) 251-2213
Agency Title: Counselor Realty
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Estimated Payment
$ 1,220.30 per month $931.42 Principal & Interest $237.83 Property Tax $51.04 Homeowner's InsuranceChange Payment Information
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510 6th Street Nw | MLS# 7162219
This multi-family property located at 510 6th Street Nw, Faribault, MN 55021 is currently listed for sale with an asking price of $175,000. 6th Street Nw is located within the Faribault school district. Search Faribault real estate on shirleylee.counselorrealtyofrochester.com today.