516 College ST Pending Save Request In-Person Tour Request Virtual Tour
Northfield,MN 55057
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 2,736 sqft
Price per Sqft $84
Subdivision Town
MLS Listing ID 6705300
Style (SF) Single Family
Bedrooms 6
Full Baths 3
Half Baths 1
Year Built 1875
Annual Tax Amount $6,140
Lot Size 7,405 Sqft
Property Description
This tri-plex built in 1875 offers an excellent investment opportunity in a coveted neighborhood just blocks from Carleton College. Situated on a desirable corner lot, this property with more than 2000 finished square feet spans 1.5 stories and features 6 bedrooms and 4 bathrooms, providing accommodations for 6 tenants. The property is fully occupied with each renter paying $500 monthly. The current lease expires mid-June. There is a partial basement with laundry facilities. The property's prime location in one of the area's most sought-after neighborhoods make it ideal for investors seeking a turnkey rental property with established income.
Location
State MN
County Rice
Community Town
Interior
Heating Hot Water,Radiant
Cooling None
Exterior
Parking Features Driveway - Gravel
Building
Water City Water/Connected