UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Mcclellands 2Nd Add
MLS Listing ID 7061689
Bedrooms 6
Year Built 1890
Annual Tax Amount $5,150
Tax Year 2026
Contingent None
Lot Size 0.348 Acres
Lot Dimensions 132 X 115
Property Description
Timeless character shines throughout, highlighted by classic hardwood floors and distinctive architectural details. A large open-frame porch and striking exterior create impressive curb appeal, while the corner lot setting adds to its presence. The property also features a spacious basement, ideal for storage or maintenance, along with convenient gravel driveway parking.
Designed for efficient management, the building includes common heating and separate electric utilities for each unit. Recent assessments reflect increasing value, and the solid stone foundation underscores its long-term durability. With the right vision and updates, there is an excellent opportunity to further enhance both value and appeal.
Located near local amenities with easy highway access, this property presents a rare opportunity to own a piece of Faribault's history while maximizing its investment potential.
Location
State MN
County Rice
Zoning Residential-Multi-Family
Rooms
Basement Block, Full, Unfinished
Interior
Heating Forced Air, Hot Water
Cooling None
Flooring Wood
Inclusions Building, Leases
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Gravel, Open
Pool None
Utilities Available Electric Separate, Heating Common
Roof Type Pitched
Present Use Residential
Building
Lot Description Corner Lot, Tree Coverage - Light
Story Two
Foundation 1800
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Block
New Construction false
Schools
School District Faribault
NEARBY SCHOOL & BUSINESS
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