$ 299,900
728 Colonial CIR Faribault, MN 55021
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$ 299,900
Est. payment | /mo
2,347 SqFt
$ 299,900
Est. payment | /mo
2,347 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,347 sqft
Price per Sqft $127
Subdivision Colonial Heights
MLS Listing ID 6627184
Year Built 1983
Annual Tax Amount $3,534
Tax Year 2024
Contingent None
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 18,396 SF
Property Description
JINGLE BELLS, JINGLE BELLS, JINGLE ALL THE WAY! Listen closely—those are the sweet sounds of rental income rolling in! The ultimate holiday gift is here—an adorable duplex that’s as cozy & magical as the season itself. Tucked at the end of a cul-de-sac, this beauty offers all the good stuff—privacy, minimal traffic, & a neighborly feel. With a gorgeous 0.422-acre lot, it’s your slice of serenity. Live in the main-level 2BR/1BA with its private composite deck, or rent both units for double the income! Either way, this smart investment starts generating cash flow from day one. If rental income & cozy living are your jam, this is the perfect match! The lower-level 2BR/1BA, with its private patio, already has a stable, long-time tenant in place. With this reliable tenant, you’re set to unwrap instant rental income from day one—talk about a holiday bonus. Each apartment has its own private entrance, in-unit laundry (no hauling laundry in the cold!), & a stall in the shared 2-car garage—perfect for snowy mornings. Plus, each unit has its own electric meter to keep billing simple & separate! Both units also have huge living rooms—plenty of space for a show-stopping Christmas tree & all your favorite things. The backyard is your peaceful hideaway, with sweeping hillside views over the south side of town. Cozy, cash-flow-ready, & ready to bring the magic—this duplex is the holiday sparkle you’ve been waiting for!
Location
State MN
County Rice
Rooms
Basement Block, Egress Window(s), Finished, Full, Owner Access, Single Tenant Access, Walkout
Interior
Heating Boiler, Hot Water
Fireplace No
Exterior
Garage Spaces 2.0
Fence Chain Link
Building
Lot Description Tree Coverage - Medium
Story One
Foundation 1212
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Wood Siding
New Construction false
Schools
School District Faribault
Listed by James Barta • RE/MAX Experts
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