420 1st ST, Farmington, MN 55024
420 1st ST, Farmington, MN 55024
420 1st ST, Farmington, MN 55024
420 1st ST, Farmington, MN 55024
420 1st ST, Farmington, MN 55024
420 1st ST, Farmington, MN 55024
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Margaret Thorpe Richards & Alexander Richards

Margaret Thorpe Richards & Alexander Richards

+1(612) 770-6402
$ 349,900
Est. payment | /mo

4 Beds

2 Baths

1,766 SqFt

Save Virtual Tour
$ 349,900
Est. payment | /mo
Save Virtual Tour

4 Beds

2 Baths

1,766 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,766 sqft

Price per Sqft $198

Subdivision Town Of Farmington

MLS Listing ID 7156060

Bedrooms 4

Year Built 1940

Annual Tax Amount $3,968

Tax Year 2026

Contingent None

Lot Size 0.330 Acres

Lot Dimensions 120x120x120x120

Property Sub-Type Duplex Up and Down

Property 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!

Location

State MN

County Dakota

Zoning Residential-Multi-Family

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Spaces 2.0

Building

Story Two

Foundation 915

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Farmington

Others

Virtual Tour https://we-love-houses.seehouseat.com/2407264?idx=1

Listed by Eric Ruud • Top Notch Properties & Realty Services

Nearby Locations

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Margaret Thorpe Richards & Alexander Richards
Margaret Thorpe Richards & Alexander Richards

REALTOR® Lic# 20583703

+1(612) 770-6402

3033 Excelsior Blvd # 100, Minneapolis, MN 55416

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420 1st ST