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Active NEW!
$150,000
/mo Edit
Single Family:  2 Stories
4 br • 3 ba • Built 1888
1,976 sqft • 0.125 acres
Faribault schools
MLS# 7070672
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    Property Description

    This versatile property offers the best of both worlds-currently configured as a duplex, it can easily be converted back into a spacious single family home. With separate living spaces, it is ideal for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. It is a great opportunity for buyers looking to build equity and customize to their taste. With the right vision, this property has a strong potential to shine-whether you maintain it as a two-unit income property or transform it into a large single-family residence. This is a value-add opportunity you won't want to miss. Bring your ideas and make it your own.

    Listing

    Contingency: None
    Price per sq ft: $76
    City: Faribault
    County: Rice
    State: MN
    Property Style: 2 Stories
    Zip Code: 55021
    Subdivision Name: Mcclellands 2nd Add

    Interior

    Living Area: 1,976 ft2
    Common Wall: No
    Appliances Included:
    • Gas Water Heater
    • Range
    • Refrigerator
    • Washer
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 20x20
    Garage Size: 400 ft2
    Air Conditioning: None
    Foundation Size: 988 ft2
    Foundation Dimensions: 26x38
    Handicap Accessible: Wheelchair Ramp(s)
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Gravel
    Road Frontage: City Street
    Roof Details: Age Over 8 Years

    Rooms

    1/4 Baths: 1
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • Main Floor Full Bath
    • Upper Level 3/4 Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Informal Dining Room
    Laundry: In Basement
    Second Level Size Sq Ft
    Living Room  11 x 11  121 
    Main Level Size Sq Ft
    Bedroom  11 x 13  143 
    Kitchen  13 x 12  156 
    Living Room  13 x 12  156 
    Bedroom 2  11 x 11  121 

    Lot & Land

    Acres: 0.125
    Geolocation: 44.29107, -93.278391
    Lot Dimensions: 82.5 x 66
    Zoning: Residential-Single Family
    Lot Description: Corner Lot

    Schools

    School District: 656
    District Phone: 5073336016

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,954
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,954
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of AXEN Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.