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303 Pine Street, Farmington, MN 55024

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For Sale

$147,900

0.45 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.4 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Looking for a property with endless investment and/or owner-occupant potential? This is it! Central downtown Farmington location -this property has a multitude of uses. Restore it to its former glory as a fourplex that was bringing in over $4k per month gross rents years ago (potential to be $5k/mo + at current market rates). Or... combine units into a larger triplex, duplex, or even tear down and rebuild new - the half acre of land is worth the asking price alone. Potential commercial uses are feasible as well - the possibilities are truly endless. Strong rental demand in the area and extensive revitalization underway in downtown Farmington make for great future upside potential. Suffered moderate fire damage and is in need of substantial repair - priced accordingly. Good bones! Check it out for yourself and let your imagination run wild with the possibilities!
MLS# 6774761

Courtesy Of RE/MAX Results

(952) 829-2900

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    0.45 Acres

Map and Directions

Directions to 303 Pine Street, Farmington, MN 55024
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Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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