527 6th Avenue Northwest

Faribault, MN 55021

$309,900
Price
—
Beds
1,765 Sq. Ft.
$176 / Sq. Ft.
1,765
Sq. Ft.
$176
per Sq. Ft.

Description

Take advantage of this fantastic investment opportunity with this fully remodeled triplex in Faribault. This property features three spacious 2-bedroom units, all recently updated to offer modern amenities while preserving the charm of the building. With tenants responsible for their own heat and electric, this property offers a great potential for steady cash flow and low maintenance for the owner.Take advantage of this fantastic investment opportunity with this fully remodeled triplex in Faribault. This property features three spacious 2-bedroom units, all recently updated to offer modern amenities while preserving the charm of the building. With tenants responsible for their own heat and electric, this property offers a great potential for steady cash flow and low maintenance for the owner.
  1. Listed by RE/MAX Advantage Plus

Property Details for 527 6th Avenue Northwest

Subdivision Name
Mcclellands Add
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 11/19/2024 05:04 AM

Property Details for 527 6th Avenue Northwest

StatusActive
MLS #6632599
Days on Compass5
Taxes$2,308 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1880
Lot Size0.16 AC / 6,969 SF
CountyRice County

Building Information for 527 6th Avenue Northwest

Stories-Residences3Year Built1880Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 527 6th Avenue Northwest

Summary
Location and General Information
  • City Name: Faribault
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: Highway 21, south to 7th street, east to 6th Avenue northwest, south to property.
  • Latitude: 44.296667
  • Longitude: -93.277865
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Faribault
  • City and Location Text: Faribault(MN)
  • Postal Code: 55021
  • State Or Province: MN
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 1831226079
  • Tax Annual Amount: $2,308.00
  • Tax Legal Description: SubdivisionName MCCLELLANDS ADD Lot 001 Block 015 SubdivisionCD 18099
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 2308.0000
School Information
  • High School District: 656 - Faribault
  • School District Number: 656
  • School District Phone: 507-333-6016
Property
Lot Information
  • Above Grade Fin SQFT: 1765.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1765.0
  • Lot Features: Tree Coverage - Light
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 105x66
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • SQFT Main Total: 900.0000
  • Building Area Total: 2265.0
  • Above Grade SqFt Total: 1765.0000
  • Below Grade SqFt Total: 500.0000
Property and Assessments
  • Age Of Property: 144
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Water Source: City Water/Connected, City Water - In Street
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: None
  • Foundation Area: 900.0
  • Fuel: Electric,Natural Gas
  • Road Frontage Type: City Street
  • Roof: Age 8 Years or Less
  • Patio Porch Type: Front Porch
Interior Features
  • Basement Type: Block, Unfinished
  • DP Resource: Y
  • Garage Square Feet: 200
  • Heating: Forced Air
  • Levels: More Than 2 Stories
  • Number of Refrigerator: Three
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Porch
  • Unit Appl: Electric Water Heater,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 5
  • Unit SqFt: 550
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 10x10
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 10x8
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 17x13
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 13x13
  • Bedroom 4 Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 0
Unit 2
  • Unit Amenities: Porch
  • Unit Appl: Electric Water Heater,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 5
  • Unit SqFt: 665
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Dining Room Dimensions: 13x9
  • Dining Room Level: Main (Ground)
  • Family Room Dimensions: 12x11
  • Family Room Level: Main (Ground)
  • Kitchen Room Dimensions: 10x10
  • Kitchen Room Level: Main (Ground)
  • Licing Room Dimensions: 10x12
  • Living Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 0
Unit 3
  • Unit Amenities: Porch
  • Unit Appl: Electric Water Heater,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 5
  • Unit SqFt: 550
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Extra Room 1 Dimensions: 10x10
  • Extra Room 1 Level: Main (Ground)
  • Extra Room 2 Dimensions: 13x9
  • Extra Room 2 Level: Main (Ground)
  • Extra Room 3 Dimensions: 12x11
  • Extra Room 3 Level: Main (Ground)
  • Extra Room 4 Dimensions: 10x12
  • Extra Room 4 Level: Main (Ground)
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 0

Property History for 527 6th Avenue Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 527 6th Avenue Northwest

Taxable ValueLand$39,000Additions$147,500Total$186,500
Tax Record2024$2,308 ($192 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,730 SqFtAbove Grade Finished SqFt1,730 SqFtStories2Lot Size6,930 SqFtStyleSingle Family ResidenceYear Built1880CountyRICEAPN18.31.2.26.079

Schools near 527 6th Avenue Northwest

This home is within Faribault Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Faribault Middle School
Public6 to 8

Faribault Senior High School
Public9 to 12

Secondary Area Learning Center Summer
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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527 6th Avenue Northwest is a multi-family home for sale in Faribault, MN 55021. This property was listed for sale on November 18, 2024 by RE/MAX Advantage Plus, it's currently listed at $309,900. It has been on the market for a total of 5 days and was last sold on January 22, 2018. This listing's school district is Faribault Public School District. Nearby schools include Lincoln Elementary School, Faribault Middle School and Faribault Senior High School. 527 6th Avenue Northwest is a 0-bed, 0-bath, 1,765 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Advantage Plus

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/19/2024 05:04 AM