For Sale: Farmington MLS# 6760152
Active
NEW!
$650,000
Multi-family: Triplex
Built 1900
4,306 sqft • 0.25 acres
Farmington schools
MLS# 6760152
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Property Description
Discover a rare and versatile property in the heart of Farmington featuring an updated triplex plus a separate single-family home, all on one spacious parcel. Whether you're a seasoned investor or looking to live in one unit while generating rental income from the others, this property offers exceptional potential. The triplex includes one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. Each thoughtfully updated within the last five years to reflect modern finishes and comfort. In addition, the standalone 2-bedroom, 1-bath single-family home provides a private living space perfect for an owner-occupant, on-site manager, or additional tenant. Each unit has its own charm, with updated kitchens, baths, flooring, and fixtures. The property also offers off-street parking and is conveniently located near downtown amenities, schools, and public transportation
Listing
Listing Status:
Active
Contingency:
None
List Price:
$650,000
Price per sq ft:
$151
Property Type:
Multi-family
City:
Farmington
Garage Spaces:
0
County:
Dakota
Year Built:
1900
State:
MN
Property Style:
Triplex
Zip Code:
55024
Subdivision Name:
Humphreys Add
Interior
Finished Area:
4,306 ft2
Living Area:
4,306 ft2
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,500 ft2
Handicap Accessible:
None
Heating System:
Boiler
Exterior Material:
Fiber Board
Lot & Land
Acres:
0.25
Geolocation:
44.638785, -93.139873
Lot Dimensions:
180 x 60
Zoning:
Residential-Multi-Family
Schools
School District:
192
District Phone:
651-463-5000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,484
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,554
Income
Annual Gross Income:
$68,400
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Metzen Realty and Associates CO..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.