About This Home
This 3-bedroom, 3-bathroom multi-family at 407 E 6th Street in Fairmont, MN is listed for $174,900 ($104 per sqft). Built in 1940, the home offers 1,680 sqft of living space on a 0.09 acres lot.
Key Features
- Built in 1940
- 0.09 acre lot
Property Details
Your chance to own a cash-flowing triplex in Fairmont. This single-story income property is a practical way to get into rental investing, with three similarly sized units and sub-metered utilities that make leasing and expense tracking straightforward.
The building has seen meaningful updates and modernizations, including two recently rehabbed units, so you're not buying a project from scratch. Come see it and decide if this is the right first (or next) investment. Call today to schedule a showing! One of the owners is a licensed real estate agent in the State of Minnesota.
Monthly Cost Estimate
$935/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
407 E 6th Street
Fairmont, MN 56031
Gambles Ext
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 3-bathroom multi-family at 407 E 6th Street is listed at $174,900 ($104/sqft). The estimated monthly payment is $935 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 0.09 acre lot.
This property is listed by Alexander Phippen.
Alexander Phippen
Agent at The True Team Inc