DeDe Heller
(701) 293-3333
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Listing Details
- $1,095,000
- MLS# 7135428
- Type Commercial - Retail
- Status Active
Listed By
Agency Name: RE/MAX Results
Agency Phone: 612-314-1520
Shown By
Agent Name: DeDe Heller
Agent Phone: (701) 293-3333
Agency Title: Town & Country Realty
Home Value Estimate
Description
Investment opportunity in the heart of downtown Faribault. This 9-unit mixed-use property consists of eight renovated residential apartments and one commercial space. The residential units have been extensively renovated with updated kitchens, bathrooms, flooring, and finishes, along with new electric baseboard heat, allowing residents to control and pay for their own heating costs. Additional capital improvements include a newer roof with a transferable warranty and a new fire panel. The commercial space is leased through December 2030, providing in-place income, while the eight renovated residential units are currently vacant, giving the...read more
Features
- Heating: Baseboard
- Stories: 3.0
- Taxes: $6,336
- Water: City Water/Connected
- Year Built: 1910
Gallery
Listed By
Agency Name: RE/MAX Results
Agency Phone: 612-314-1520
Shown By
Agent Name: DeDe Heller
Agent Phone: (701) 293-3333
Agency Title: Town & Country Realty
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