516 College Street
Northfield, MN 55057
2736 sqft | 6 beds | 3.5 baths | #6705300
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.
Property Details
- Property SubtypeSingle Family Residence
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Basement DescriptionPartial, Unfinished
- HeatingHot Water, Radiant
- School DistrictNorthfield
- Parcel Number2206200080
- Property TypePurchase
- MLS #6705300
- MLS #6705300
- Parking FeaturesGravel
- Taxes Annual$6,100
- Cost230000
- Square Feet2736
- Year Built1875
- SubdivisionTown
- CountyRice
- Bathrooms3.5
- Bedrooms6
- Full Baths3
- Half Baths1
- Basement1
- Basement Finished1
- Days on Market (Cumulative)2
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Robert Schanilec (#NST506015987)
Listing Office: Century 21 Atwood (#NST251864)
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