MN
Dakota
Farmington
55024
303 Pine Street
303 Pine Street, Farmington, MN 55024
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Listing Type
Multi Family
Listing Status
active
12
$147,900

Home Details for 303 Pine Street

Price
$147,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
5386
Year built
1920
Lot size acres
0.45
County
Dakota
Garage
Basement
Partial
Days on site
31
MLS Listing#
6774761
Property Description

Looking for a property with endless investment and/or owner-occupant potential? This is it! Central downtown Farmington location -this property has a multitude of uses. Restore it to its former glory as a fourplex that was bringing in over $4k per month gross rents years ago (potential to be $5k/mo + at current market rates). Or... combine units into a larger triplex, duplex, or even tear down and rebuild new - the half acre of land is worth the asking price alone. Potential commercial uses are feasible as well - the possibilities are truly endless. Strong rental demand in the area and extensive revitalization underway in downtown Farmington make for great future upside potential. Suffered moderate fire damage and is in need of substantial repair - priced accordingly. Good bones! Check it out for yourself and let your imagination run wild with the possibilities!

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
  • Waterfront and Water Access
    • River Front
  • Water Features
    • Public
  • Parking
    • Asphalt
  • Basement
    • Partial
Listing Courtesy: RE/MAX Results - 952-431-2400
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from NorthstarMLS.
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