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Description

Charming 5-Unit Rental Property in Historic Faribault! Nestled near the heart of Faribault’s vibrant and historic downtown, this charming 5-unit rental property offers a rare blend of timeless character and modern convenience. Located within walking distance to the Minnesota Academy for the Deaf and the prestigious Shattuck-St. Mary’s School, this property is ideally situated for tenants seeking proximity to top local institutions and the amenities of downtown living. Inside, the building showcases original hardwood floors, elegant arched doorways, and classic architectural details that create a warm and inviting atmosphere. Tenants enjoy the convenience of on-site laundry facilities and off-street parking, while the property’s layout and features make it an excellent opportunity for an owner-occupant to live comfortably while generating rental income. Whether you’re an investor looking to expand your portfolio or a homeowner seeking a property with income potential, this versatile gem is worth exploring. Don't miss the chance to own a piece of Faribault’s historic charm with incredible potential for the future. Schedule your showing today!



Property Information

Status: Active
Sub Type: ********
List Price: $450,000
MLS#: 6637545
Current Price: $450,000
Address: 520 Ravine Street, Faribault, MN 55021
City: Faribault
State: MN
Postal Code: 55021
Geo Lat: 44.294898
Geo Lon: -93.259692
Subdivision: City/Faribault
County: Rice

Property Description

Year Built: 1900
Lot Size SqFt: 18730.8
Gen Tax: 4732
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: ********
Style: ********
Total Bedrooms: 9
Total Bathrooms: 5
Total Full Baths: ********
Garage Type:
Garage Stalls: 0
Waterfront:

Property Features

Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building, Leases
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities:

701.239.0015

1133-A Harwood Drive, Fargo, ND 58104

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