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Active Contingent NEW!
$230,000
/mo Edit
Single Family:  1.5 Stories
6 br • 4 ba • Built 1875
2,054 sqft • 0.17 acres
Northfield schools
MLS# 6705300
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    Property Description

    This tri-plex built in 1875 offers an excellent investment opportunity in a coveted neighborhood just blocks from Carleton College. Situated on a desirable corner lot, this property with more than 2000 finished square feet spans 1.5 stories and features 6 bedrooms and 4 bathrooms, providing accommodations for 6 tenants. The property is fully occupied with each renter paying $500 monthly. The current lease expires mid-June. There is a partial basement with laundry facilities. The property's prime location in one of the area's most sought-after neighborhoods make it ideal for investors seeking a turnkey rental property with established income.

    Listing

    Contingency: Inspection
    Price per sq ft: $112
    City: Northfield
    County: Rice
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55057
    Subdivision Name: Town

    Interior

    Living Area: 2,054 ft2
    Common Wall: No
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Air Conditioning: None
    Foundation Size: 684 ft2
    Handicap Accessible: None
    Heating System:
    • Hot Water
    • Radiant
    Parking Features: Gravel
    Exterior Material: Vinyl Siding

    Rooms

    1/4 Baths: None
    Full Baths: 3
    Half Baths: 1
    3/4 Baths: None
    Upper Level Size Sq Ft
    Bedroom 5  9.75 x 11.5  99 
    Bedroom 6  8 x 23.75  184 
    Kitchen  10.25 x 10.25  100 
    Living Room  14.5 x 10  140 
    Main Level Size Sq Ft
    Living Room  13.25 x 13.5  169 
    Kitchen  14 x 5.5  70 
    Bedroom 1  15.25 x 15  225 
    Bedroom 2  9.75 x 13.75  117 
    Bedroom 3  11.5 x 13.25  143 
    Bedroom 4  11.75 x 9  99 
    Kitchen  10 x 13.25  130 

    Lot & Land

    Acres: 0.17
    Geolocation: 44.45423, -93.155771
    Lot Dimensions: 92 x 82.5
    Zoning: Residential-Single Family

    Schools

    School District: 659
    District Phone: 507-663-0629

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,100
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,140
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.