701 W Division Street, Faribault, MN 55021 - MLS #4074641

701 W Division Street, Faribault, MN 55021
701 W Division Street
Faribault, MN 55021
MLS #4074641
$84,900
3 Units
0 Acres
701 W Division Street, Faribault, MN 55021 Photo 1701 W Division Street, Faribault, MN 55021 Photo 2

Property Details

EASY CASH FLOW..CURRENTLY FULL. 1-1BR, 400, 2-2BR, 525, 500 RENTS
  • Propery Type MF
  • Total Number of Units 3
  • Year Built 1900
  • Foreclosure Status No
  • Lender Owned No
  • Lot Dimensions 66 x 165
  • Status Active
  • Style (MF) Two Stories

Community & Schools

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

Interior Features

  • Total Finished Square Footage 4200
  • Handicap Accessible None
  • Basement Partial
  • Above Ground Finished SqFt 2100
  • Below Ground Finished SqFt 2100
  • Unit 1 Bath Full 1
  • Unit 1 Total Baths 1
  • Unit 1 Bedrooms 1
  • Unit 1 Number of Units 1
  • Unit 1 Total Rooms 4
  • Unit 1 Finished Square Footage 500
  • Unit 2 Full Bath 1
  • Unit 2 Total Baths 1
  • Unit 2 Number of Bedrooms 2
  • Unit 2 Number of Units 1
  • Unit 2 Total Rooms 5
  • Unit 2 Finished Square Footage 800
  • Unit 3 Full Baths 1
  • Unit 3 Total Baths 1
  • Unit 3 Bedrooms 2
  • Unit 3 Number of Units 1
  • Unit 3 Total Rooms 5
  • Unit 3 Finished Square Footage 800

Exterior Features

  • Exterior Wood
  • Parking Characteristics Driveway - Concrete
  • Roof Asphalt Shingles

Appliances & Utilites

  • Water City Water/Connected
  • Fuel Natural Gas
  • Heating Forced Air
  • Number of Ranges Three
  • Number of Refrigerators Three
  • Sewer City Sewer/Connected

Financial Details

  • Annual rent 450
  • Annual Gross Income 17700
  • Annual Electric Expense 1440
  • Annual Fuel Expense 3000
  • Annual Insurance Expense 1500
  • Annual Maintenance Expense 1000
  • Annual Repair Expense 1200
  • Annual Gross Expense 5650
  • Total Annual Expenses 5650
  • Annual Trash Expense 500
  • Annual Water/Sewer Expense 1200
  • Unit 1 Monthly Rent 450
  • Tax Amount 1312
  • Tax With Assessments 1338
  • Tax Year 2010
  • Tenant Expenses Cable T.V.

Miscellaneous Details

  • Construction Status Previously Owned
  • Homestead No
  • Potential Short Sale No
  • Zoning Residential-Multi-Family

Map & Directions

Hwy 21 to Division St
Map for 701 W Division Street, Faribault, MN 5502144.290286-93.279695
Map locations are not exact and are meant to be an estimated reference only.
Listing information for 701 W Division Street, Faribault, MN 55021 was graciously provided by our friends at the listing brokerage, RE/MAX Experts

In addition to this Multi-Family 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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