420 1st Street,Farmington, MN 55024
Farmington, MN 55024
Description
Opportunity Knocks in Downtown Farmington! Whether you're looking for an owner-occupied property or the next addition to your rental portfolio, this duplex offers plenty of potential. Ideally located in downtown Farmington and situated on a large corner lot, the property provides room to expand and maximize its investment potential. The main-level unit has been updated and is ready to rent. The upper-level unit needs just a few finishing touches before it can be placed on the rental market. Both units feature 2 bedrooms and 1 bathroom, offering a desirable layout for tenants. The basement provides shared laundry facilities and additional storage space. Outside, the property offers a large driveway, a 2-car garage, and an additional shed, providing excellent parking and storage options. The extra space may also offer an opportunity for additional rental income. With its downtown location, spacious lot, multiple storage options, and value-add potential, this property is a great opportunity for an investor or owner occupant. Schedule your showing today and see the possibilities for yourself!
Details
| MLS # | 7156060 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 29 |
| Listing Provided By | Top Notch Properties & Realty Services | Eric A. Ruud |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,766 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.33 |
Interior
| Heating | Forced Air |
|---|
Taxes
| Property | 3968 |
|---|
Area Information
| State | MN |
|---|---|
| County | Dakota |
| City | Farmington |
| Zip Code | 55024 |
| Community Name | Town Of Farmington |
| School District | 192 |
| High School | Farmington |
| Listing VS Median (in Town Of Farmington) | |
Price: $349,900 low | high Med: $292,400 sqft: 1,766 low | high Med: 1,447 $ / sqft: $198 low | high Med: $203 On site: 29 low | high Med: 25 | |
Market Activity 55024
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Dakota |
| City | Farmington |
| Zip Code | 55024 |
| Community Name | Town Of Farmington |
| School District | 192 |
| High School | Farmington |
| Listing VS Median (in Town Of Farmington) | |
Price: $349,900 low | high Med: $292,400 sqft: 1,766 low | high Med: 1,447 $ / sqft: $198 low | high Med: $203 On site: 29 low | high Med: 25 | |
