1512 SW 9th Avenue, Faribault, MN 55021 - MLS #4097971

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1512 SW 9th Avenue
Faribault, MN 55021

MLS #4097971

$674,900

1512 SW 9th Avenue, Faribault, MN 55021 Photo 1

1512 SW 9th Avenue, Faribault, MN 55021 Photo 2

1512 SW 9th Avenue, Faribault, MN 55021 Photo 3

1512 SW 9th Avenue, Faribault, MN 55021 Photo 4

1512 SW 9th Avenue, Faribault, MN 55021 Photo 5

1512 SW 9th Avenue, Faribault, MN 55021 Photo 6

1512 SW 9th Avenue, Faribault, MN 55021 Photo 7

Property Details

GREAT INVESTMENT! ONLY 13 YEARS OLD. VAULTED CEILINGS, TILE FLOORS, DUAL VANITIES, CENTRAL AIR, STORAGE CLOSETS, CLOSE TO BIKING TRAIL, NEAR SCHOOLS, GOOD RENTAL HISTORY. WELL TAKEN CARE OF PROPERTY THAT IS WORTH TAKING A LOOK AT.

Acres 0.58
Current Use Commercial
Foreclosure Status No
Year Built 1998
Sale Includes Building,Land,Leases
Total Number of Units 8
Status Active

Community & Schools

County Rice
Municipality Faribault
Postal City Faribault (MN)
School District 656 - Faribault
School District Phone 507-333-6000

Interior Features

Building Finished Square 9996
Handicap Accessible Ramp,Counters,Switches/Outlets,No Stairs,Hallways/Doors
Roof Asphalt Shingles
Number of 2 Bedroom Unit 8
Number of Units 2 8
Shared Rooms Other

Exterior Features

Exterior Metal/Vinyl
Parking Characteristics Assigned
Road Frontage City
Lot Dimensions .58 ACRE
Garage Stalls 1
Other Parking Spaces 16

Appliances & Utilites

Appliances Range,Cooktop,Wall Oven,Exhaust Fan/Hood,Dishwasher,Refrigerator,Freezer,Water Softener - Owned,Disposal
Air Conditioning Central
Heating Forced Air
Fuel Natural Gas
Water City Water/Connected
Number of Ranges One Per Unit
Number of Refrigerators One Per Unit
Sewer City Sewer/Connected

Financial Details

Tenant Expenses Water/Sewer,Electric,Fuel
Unit 2 Monthly Rent 680
Annual Net Income 47818
Tax Amount 7292
Tax With Assessments 7292
Tax Year 2011
Annual Gross Income 63758

Miscellaneous Details

Amenities - Shared Coin-op Laundry Owned
Amenities - Unit Deck,Patio,Vaulted Ceiling(s),Tiled Floors,Multiple Phone Lines
Foundation Size 5544
Zoning Residential-Multi-Family
Lender Owned No
Potential Short Sale No

Map & Directions

X59 TO MN 21 SOUTH, TL MN 60, TR 8TH AVE NW, TR 9TH AVE SW, ON RIGHT

Map for 1512 SW 9th Avenue, Faribault, MN 5502144.271864-93.283211

Map locations are not exact and are meant to be an estimated reference only.

Listing information for 1512 SW 9th Avenue, Faribault, MN 55021 was graciously provided by our friends at the listing brokerage, Edina Realty, Inc.

In addition to this Commercial real estate property, we have hundreds of addtional Faribault real estate listings and homes for sale and Rice County real estate listings and homes for sale.

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Last Updated 05/21/2012