114 E 8th ST new Save Request In-Person Tour Request Virtual Tour
Fairmont,MN 56031
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,462 sqft
Price per Sqft $32
Subdivision Garlicks
MLS Listing ID 6716888
Year Built 1915
Annual Tax Amount $1,514
Tax Year 2025
Lot Size 9,583 Sqft
Property Sub-Type Triplex
Property Description
Income-Generating Triplex with Separate Entrances! Discover a prime investment opportunity with this, perfectly designed for steady rental income. This property features three distinct units: Unit 1 offers a spacious main-floor kitchen and dining area, with two bedrooms and a full bath located on the second level—ideal for tenants seeking extra space. Unit 2 is a cozy upper-level unit featuring one bedroom, a ¾ bath, and an additional flexible room perfect for use as an office or potential second bedroom. Unit 3 is a main-floor, rear-facing unit with a dine-in kitchen, comfortable living room, one bedroom, and a full bath—perfect for those who prefer single-level living. All three units have separate entrances for privacy and convenience, while a shared basement provides ample storage space and a common laundry area. Tenants enjoy access to a detached 24x24 garage, adding extra value. Tentants pay their own electric bill, owner takes care of gas and water. Financials are available upon request. Don't miss this opportunity to add a solid, income-producing asset to your portfolio. Schedule a showing today!
Location
State MN
County Martin
Zoning Residential-Multi-Family
Interior
Heating Boiler
Exterior
Garage Spaces 2.0
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Many Trees
Story Two
Foundation 766
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
New Construction false
Schools
School District Fairmont Area Schools