Map
Listed price in listed location currency (USD).
$349,900

422

MLS® 7156060

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 1766 sqft
Garage Yes
Taxes $3,968
Days Active 0
Lot Size 0.33 Acres
Approx. Age 1940
Avg. Price Per Sqft $198
MLS® Number 7156060

Property Address: 420 1st St, Farmington, MN, 55024-1220

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity Knocks in Downtown Farmington! Whether you’re looking for an owner-occupied property or the next addition to your rental portfolio, this duplex offers plenty of potential. Ideally located in downtown Farmington and situated on a large corner lot, the property provides room to expand and maximize its investment potential. The main-level unit has been updated and is ready to rent. The upper-level unit needs just a few finishing touches before it can be placed on the rental market. Both units feature 2 bedrooms and 1 bathroom, offering a desirable layout for tenants. The basement provides shared laundry facilities and additional storage space. Outside, the property offers a large driveway, a 2-car garage, and an additional shed, providing excellent parking and storage options. The extra space may also offer an opportunity for additional rental income. With its downtown location, spacious lot, multiple storage options, and value-add potential, this property is a great opportunity for an investor or owner occupant. Schedule your showing today and see the possibilities for yourself!
MLS® Number7156060
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1940
BasementFull, Unfinished
Driveway
Garage Spaces
HeatForced Air
A/C

Extras

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