Faribault, MN 55021,504 3rd ST NE
Faribault, MN 55021,504 3rd ST NE
Faribault, MN 55021,504 3rd ST NE
53
$315,000
$314,900
Est.Price: ?

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2,284 SqFt

504 3rd ST NE Faribault, MN 55021

Est. payment /mo
SOLD DATE : 10/25/2024

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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

Parking Features 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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Listed by Lacie Nelson • eXp Realty

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agent

Nino Dreger

Agent | License ID: 40737698

+1(952) 426-5234

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