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510 6th Street NW, Faribault, MN 55021

Status: For Sale

2 units
1,870 sq ft

$175,000

WELCOME HOME

Get to know this property.

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.

The details that matter.

General Property Information for 510 6th Street NW, Faribault, MN 55021 - MLS# 7162219
Bedrooms and Bathrooms
Total Bedrooms:
6
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1873
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
1.5 Story
Total SqFt:
1,870
Total Fnsh'd SqFt:
1,870
Above Ground SqFt:
1,870
Finished Above Grade:
1,870
Below Ground SqFt:
0
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,030
Approx Lot Dimensions:
66 X 165
Approx Number of Acres:
0.25
Income and Expenses
Gross Income:
$38,720
Total Expenses:
$0

A closer look at the location.

From Lyndale Ave head East turn on Highway 60 (4th St) turn left onto 4th Ave then left onto 6th St

This listing has been entered by the following office: Edina Realty, Inc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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