For Sale: Fairmont MLS# 6727333
Active
$134,900
Multi-family: Four Plex
Built 1900
2,874 sqft • 0.38 acres
Fairmont Area schools
MLS# 6727333
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Charming 4-plex in Central Fairmont! This spacious, income-producing property offers one large 3BR unit and three 1BR units—each with a private garage stall. Ideal for investors or owner-occupants. The primary unit features stunning bay windows, built-ins, and hardwood floors bursting with character. Updated electrical panels and shared laundry add to functionality. The corner lot provides great visibility and convenience just blocks from downtown amenities. With strong layout flexibility, this property offers immediate rental income and long-term upside. Bring your vision—opportunities like this don’t hit the market often!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$134,900
Price per sq ft:
$47
Property Type:
Multi-family
City:
Fairmont
Garage Spaces:
4
County:
Martin
Year Built:
1900
State:
MN
Property Style:
Four Plex
Zip Code:
56031
Subdivision Name:
Budds
Interior
Finished Area:
2,874 ft2
Living Area:
2,874 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
100 ft2
Foundation Size:
1,043 ft2
Foundation Dimensions:
35 x 44
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
Multiple Garages
Shared Amenities:
- Deck
- Laundry
Road Frontage:
City Street
Exterior Material:
Aluminum Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.38
Geolocation:
43.646675, -94.463116
Lot Dimensions:
200 x 80
Schools
School District:
2752
District Phone:
507-238-4234
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,165
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,510
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of True Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.