SoldJan 7, 2020

Listed by Michael Pahl and Dane Jensen

Source: Regional MLS of Minnesota #5322483

815 2nd Ave NW, Faribault, MN, 55021

$188,000

2398 sq. ft.
0.14 ac.

Duplex

•

30+ days on the market

Sold: Jan 7, 2020

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About this property

Super Strong cash flow with rents at $1,150 and $1,000 per side. This is the best floor plan you could ask for! Side x Side Duplex, high ceilings, old charm, with shared laundry and updates throughout! You could also live in one side, rent out the other. Unit #1 consists of 3 beds with one on the main and two upstairs with a 1/2 bath, walk in closets, large kitchen, two living rooms and two bathrooms new paint, flooring, light fixtures, bathrooms. The 2nd unit has 2 upper level bedrooms, two living rooms, and a full bathroom, new paint, light fixtures, flooring, bathroom. The Duplex has separate utilities, newer windows in 2nd unit and new roof in 2018, combined with metal siding and newly refinished hardwood floors throughout it has very little maintaince and is easy to take care of between tenants! This one won't last long, with the strong cash flow and easy to maintain it is the perfect investment property. Both tenants are leased through May 2020 and Sep 2020.

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