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Rick Theisen
REALTOR®, ABR ,CRS,GRI,SFR
(612) 554-1862

420 1st Street , Farmington, MN 55024

$349,900
SQUARE FEET 1,766
MLS# 7156060
  • 420 1st Street , Farmington, MN 55024 Main Photo

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Rick Theisen

Rick Theisen
Call: (612) 554-1862

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Town Of Farmington
SCHOOL: Farmington

Property 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!

420 1st Street | MLS# 7156060

This multi-family property located at 420 1st Street , Farmington, MN 55024 is currently listed for sale with an asking price of $349,900. 1st Street is located within the Farmington school district. Search Farmington real estate on rtheisen.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Garage: 2
Heating: Forced Air
Lot Size: 0.33 Acres
Taxes: $3,968
Year Built: 1940

Feature Descriptions

Foundation Size: 915
Lot Dimensions: 120x120x120x120
Parcel#: 147700013061
Sewer: City Sewer/Connected
Units: 2
Water: City Water/Connected

Local Schools

School District: Farmington

Listed By / Shown By

Listed By

Agency Name: Top Notch Properties & Realty Services
Agency Phone: 651-460-6674

Shown By

Agent Name: Rick Theisen
Agent Phone: (612) 554-1862
Agency Title: Counselor Realty

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Estimated Payment

$ 2,295.04 per month $1,862.31 Principal & Interest $330.67 Property Tax $102.05 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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