$299,900
Pending

728 Colonial Circle

Faribault, MN 55021
Listing OfficeRE/MAX Experts
Browse 30 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

JINGLE BELLS, JINGLE BELLS, JINGLE ALL THE WAY! Listen closely—those are the sweet sounds of rental income rolling in! The ultimate holiday gift is here—an adorable duplex that’s as cozy & magical as the season itself. Tucked at the end of a cul-de-sac, this beauty offers all the good stuff—privacy, minimal traffic, & a neighborly feel. With a gorgeous 0.422-acre lot, it’s your slice of serenity. Live in the main-level 2BR/1BA with its private composite deck, or rent both units for double the income! Either way, this smart investment starts generating cash flow from day one. If rental income & cozy living are your jam, this is the perfect match! The lower-level 2BR/1BA, with its private patio, already has a stable, long-time tenant in place. With this reliable tenant, you’re set to unwrap instant rental income from day one—talk about a holiday bonus. Each apartment has its own private entrance, in-unit laundry (no hauling laundry in the cold!), & a stall in the shared 2-car garage—perfect for snowy mornings. Plus, each unit has its own electric meter to keep billing simple & separate! Both units also have huge living rooms—plenty of space for a show-stopping Christmas tree & all your favorite things. The backyard is your peaceful hideaway, with sweeping hillside views over the south side of town. Cozy, cash-flow-ready, & ready to bring the magic—this duplex is the holiday sparkle you’ve been waiting for!

  • Interior Details
      • HeatingBoiler, Hot Water
  • Property Details
      • Lot FeaturesTree Coverage - Medium
      • Lot DescriptionTree Coverage - Medium
    • Measurements
      • Square Feet2424
    • Parking
      • Parking Spaces2
  • Construction Details
      • Basement DescriptionBlock, Egress Window(s), Finished, Full, Owner Access, Single Tenant Access, Walkout
      • Property TypeMulti-Family
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1983
  • Utilities / Energy Details
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
  • Community and Neighborhood Details
      • SubdivisionColonial Heights
    • Location
      • School DistrictFaribault
      • CountyRice
  • Financial Details
      • Taxes Annual$3,534
      • Days on Market (Cumulative)17
  • Other
      • MLS #6627184

Location

Katie Troye | RE/MAX ResultsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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