303 Pine Street, Farmington, MN
$147,900 - Vermillion River
5,386
Square feet
0.45
Acres
About 303 Pine Street
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!
Features of 303 Pine Street
MLS® # | 6774761 |
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Price | $147,900 |
Bathrooms | 0.00 |
Square Footage | 5,386 |
Acres | 0.45 |
Year Built | 1920 |
Type | Single Family |
Sub-Type | Fourplex |
Style | Quadruplex |
Status | Pending |
Contingency Type | None |
Lake Name | Vermillion River |
Community Information
Address | 303 Pine Street |
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Subdivision | Town Of Farmington |
City | Farmington |
County | Dakota |
State | MN |
Zip Code | 55024 |
Amenities
Garages | Asphalt |
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Is Waterfront | Yes |
Waterfront | River Front |
Has Pool | No |
Interior
Heating | Hot Water |
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Fireplace | No |
Has Basement | Yes |
Basement | Partial |
Exterior
Roof | Age Over 8 Years |
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Construction | Other |
School Information
District | Farmington |
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Additional Information
Foreclosure | No |
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Short Sale | No |
Taxes | $1,910 |
Tax Year | 2025 |
Office | RE/MAX Results |
Listing Details
Office | RE/MAX Results |
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