MN > Northfield > Town
Northfield, MN 55057,516 College ST
Northfield, MN 55057,516 College ST
Northfield, MN 55057,516 College ST
Northfield, MN 55057,516 College ST
Northfield, MN 55057,516 College ST
Northfield, MN 55057,516 College ST
Amber Steiner
Amber Steiner

+1(651) 285-5510

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$ 200,000

$ 230,000 13.0%

Est. payment | /mo

6 Beds

4 Baths

2,054 SqFt

$ 200,000

$ 230,000 13.0%

Est. payment | /mo

6 Beds

4 Baths

2,054 SqFt

Key Details

Sold Price $200,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,054 sqft

Price per Sqft $97

Subdivision Town

MLS Listing ID 6705300

Sold Date 05/16/25

Bedrooms 6

Full Baths 3

Half Baths 1

Year Built 1875

Annual Tax Amount $6,100

Tax Year 2025

Contingent None

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 92x82.5

Property Sub-Type Single Family Residence

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.

Location

State MN

County Rice

Zoning Residential-Single Family

Rooms

Basement Partial, Unfinished

Interior

Heating Hot Water, Radiant

Cooling None

Fireplace No

Exterior

Parking Features Gravel

Building

Story One and One Half

Foundation 684

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One and One Half

Structure Type Vinyl Siding

New Construction false

Schools

School District Northfield

Listed by Robert Schanilec • Century 21 Atwood
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+1(651) 285-5510

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516 College ST