303 Pine Street, Farmington, MN 55024
- $140,000
- 1
- BA
- Sold Price
- $140,000
- List Price
- $147,900
- Closing Date
- Oct 29, 2025
- MLS#
- 6774761
- Status
- CLOSED
- Type
- Multifamily
- Style
- (MF) Four Plex
- Bathrooms
- 1
- Acres
- 0.45
- Subdivision
- Town Of Farmington
- Year Built
- 1920
Property Description
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!
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Additional Information
- School District
- Farmington
- Tax Year
- 2025
- Waterfront Features
- River Front
- Fuel
- Natural Gas
- Water Body Name
- Vermillion River
- Sewer
- City Sewer/Connected
- Roof
- Age Over 8 Years
- Heating
- Hot Water
- Water
- City Water/Connected
- Basement
- Partial
- Parking
- Asphalt
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Listing courtesy of RE/MAX Results.
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