303 Pine ST Pending Save Request In-Person Tour Request Virtual Tour
Farmington,MN 55024
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,386 sqft
Price per Sqft $27
Subdivision Town Of Farmington
MLS Listing ID 6774761
Style (MF) Four Plex
Year Built 1920
Annual Tax Amount $1,910
Property Description
Looking for a property with endless investment and/or owner-occupant potential? This is it! Central downtown Farmington location -this property has a multitude of uses. Restore it to its former glory as a fourplex that was bringing in over $4k per month gross rents years ago (potential to be $5k/mo + at current market rates). Or... combine units into a larger triplex, duplex, or even tear down and rebuild new - the half acre of land is worth the asking price alone. Potential commercial uses are feasible as well - the possibilities are truly endless. Strong rental demand in the area and extensive revitalization underway in downtown Farmington make for great future upside potential. Suffered moderate fire damage and is in need of substantial repair - priced accordingly. Good bones! Check it out for yourself and let your imagination run wild with the possibilities!
Location
State MN
County Dakota
Community Town Of Farmington
Interior
Heating Hot Water
Flooring 19166.4
Exterior
Roof Type Age Over 8 Years
Building
Foundation Concrete Block
Water City Water/Connected
Others
Acceptable Financing Cash,Conventional,Conventional Rehab,FHA Rehab 203k,Other
Listing Terms Cash,Conventional,Conventional Rehab,FHA Rehab 203k,Other