527 NW 6th Avenue
Faribault, MN 55021
MLS #4802310

Multi-Family
  • 3units
  • 6beds
  • 0.16acres
  • 1,350sq ft
$89,000
Est. P&I payment: $339.92/mo
527 NW 6th Avenue, Faribault, MN 55021
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Description for 527 NW 6th Avenue, Faribault, MN 55021
Great investment property. Nice neighborhood. Tenant pays own Heat and Electric. 100% occupied.
MLS #4802310
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My Notes for MLS #4802310

General Features

  • Propery Type: MF
  • Total Number of Units: 3
  • Year Built: 1880
  • Acres: 0.16
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Dimensions: 105x66
  • Status: Active
  • Style: (MF) Apartments/Multifamily

Exterior Features

  • Exterior: Other
  • Fencing: None
  • Road Frontage: City
  • Parking Characteristics: Detached Garage,​Driveway - Concrete,​Driveway - Shared,​Assigned,​Units Vary
  • Garage Stalls: 1
  • Roof: Age 8 Years or Less

Interior Features

  • Total Finished Square Footage: 1,350
  • Handicap Accessible: None
  • Basement: Partial
  • Shared Rooms: Other
  • Above Ground Finished SqFt: 1,350
  • Unit 1 B1 Dimensions: 10x10
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 8x8
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Kitchen Dimensions: 17x13
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 13x13
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 2
  • Unit 1 Total Rooms: 5
  • Unit 2 Bedroom 1 Dimensions: 10x10
  • Unit 2 Bedrrom 1 Level: Main (Ground)
  • Unit 2 Bedroom 2 Level: 13x9
  • Unit 2 Bedrrom 2 Level: Main (Ground)
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Kitchen Dimensions: 12x11
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 10x12
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 2
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 550
  • Unit 3 Bedroom 1 Dimensions: 10x10
  • Unit 3 Bedroom 1 Level: Main (Ground)
  • Unit 3 Bedroom 2 Dimensions: 13x9
  • Unit 3 Bedroom 2 Level: Main (Ground)
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Kitchen Dimensions: 12x11
  • Unit 3 Kitchen Level: Main (Ground)
  • Unit 3 Living Room Dimensions: 10x12
  • Unit 3 Living Room Level: Main (Ground)
  • Unit 3 Number of Units: 2
  • Unit 3 Total Rooms: 5

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Other
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 2 Appliances: Range,​Refrigerator
  • Unit 2 Air: None
  • Unit 3 Appliances: Range,​Refrigerator
  • Unit 3 Air: None
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Gross Income: 20,520
  • Annual Fuel Expense: 360
  • Annual Insurance Expense: 900
  • Annual Trash Expense: 360
  • Annual Water/Sewer Expense: 900
  • Unit 1 Monthly Rent: 665
  • Unit 2 Monthly Rent: 545
  • Unit 3 Monthly Rent: 500
  • Tax Amount: 1,528
  • Tax With Assessments: 1,554
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Other

Community Features

  • Municipality: Faribault
  • County: Rice
  • Postal City: Faribault (MN)
  • Complex/Development/Subd: Mcclellands Addition

School Features

  • School District: 656 - Faribault
  • School District Phone: 507-333-6016

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 900
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 527 NW 6th Avenue, Faribault, MN 55021
Highway 21, south to 7th street, east to 6th Avenue northwest, south to property.
The listing information for 527 NW 6th Avenue, Faribault, MN 55021 was graciously provided by our friends at the listing brokerage, RE/MAX Experts

Get Financing for 527 NW 6th Avenue, Faribault, MN 55021

(Jane Johanns) Market Place Home Mortgage
Jane Johanns
13700 Reimer Drive N Ste 100
Maple Grove, MN 55311
(763) 432-4656 Office
(612) 868-9339 Mobile
(763) 201-9088 Fax
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P&I Payment $339.92
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Last Updated 09/23/2017 at 11:18am
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