Fairmont, MN 56031,114 E 8th ST
Fairmont, MN 56031,114 E 8th ST
Fairmont, MN 56031,114 E 8th ST
41
$71,000
$79,000
10.1%
Est.Price: ?

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2,462 SqFt

114 E 8th ST Fairmont, MN 56031

Est. payment /mo
SOLD DATE : 05/28/2025

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Key Details

Sold Price $71,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,462 sqft

Price per Sqft $28

Subdivision Garlicks

MLS Listing ID 6716888

Sold Date 05/28/25

Year Built 1915

Annual Tax Amount $1,514

Tax Year 2025

Contingent None

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions .224

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

Rooms

Basement Full, Unfinished

Interior

Heating Boiler

Fireplace No

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

Level or Stories Two

Structure Type Wood Siding

New Construction false

Schools

School District Fairmont Area Schools

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Listed by Yvonne Cone • RE/MAX TOTAL REALTY

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agent

Heather Foss

Agent | License ID: 40033906

+1(651) 270-6989

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