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527 6th Ave NW, Faribault, MN, 55021

6beds
3baths
2,265sqft
$349,900
$154price/sqft
$2,466/moest. monthly cost
$98,640/yrincome needed

About This Home

Triplex investment opportunity at 527 6th Ave NW in Faribault featuring three 2-bedroom, 1-bath units. Each unit offers a practical floor plan with comfortable living spaces and consistent layouts throughout. The property presents strong rental appeal (Unit 1 rent $1310 month, Unit 2 $1100 Month, Unit 3 $1250 month) and is well positioned for long-term income potential in an established neighborhood. A solid option for investors seeking a multi-unit property with dependable demand.

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

6/10
2/10
Faribault Middle SchoolGrades 6-81.8 mi
4/10

Construction

Condition

  • Year built: 1880

Materials

  • Foundation: Wood
  • Roof: Flat,Other,Rubber

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Basement

  • Has basement: Yes
  • Basement: Block,Partial,Partially Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,730

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,265
  • Total interior livable area: 2,265 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1831226079
  • Zoning description: Residential-Multi-Family
  • Foundation area: 650

Features

  • Levels: Two
  • Fencing: Other

Lot

  • Lot size: 6,926 sqft
  • Features: Near Public Transit,Corner Lot,Tree Coverage - Medium
  • Lot size dimensions: 105 x 66

Parking

  • Total spaces: 1
  • Parking features: Covered,Gravel,Concrete,Open
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes