303 Pine Street, Farmington, MN

$147,900

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0.45

Acres

About 303 Pine Street

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!

Features of 303 Pine Street

MLS® # 6774761
Price $147,900
Bathrooms 0.00
Acres 0.45
Year Built 1920
Type Residential Income
Sub-Type Quadruplex
Style Quadruplex
Status Pending

Community Information

Address 303 Pine Street
Subdivision Town Of Farmington
City Farmington
County Dakota
State MN
Zip Code 55024

Amenities

Garages Asphalt
Is Waterfront Yes
Waterfront River Front
Has Pool No

Interior

Heating Hot Water
Fireplace No

Exterior

Roof Age Over 8 Years
Construction Other

School Information

District Farmington

Additional Information

Days on Market 53
Foreclosure No
Short Sale No

Listing Details

OfficeRE/MAX Results

Listing Map

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