NOT LISTED FOR SALE

224 N Nicollet St Blue Earth, MN 56013

3 Beds
3 Baths
4,590 Sq Ft
0.3 Acres

Last Sold May 27, 2021

Last sale price $82,500 $18 Per Sq Ft

46 Days on Market

About This Home

As of May 2021

HUGE OPPORTUNITY on this investment property. Currently there are two units rented on a month to month basis. There is a huge, 2910 square foot space which can be used as retail space, storage/shop or more rental apartments. The current owners took down walls to the studs to make into two other apartments and a centrally located coin operated laundry room. There is also a drive through window that could be set up for restaurants, dry-cleaning, coffee shop etc. Current owners did not finish this project. Seller has blue prints and will provide if buyer is interested. Both apartments have been updated. There is ample exterior parking.

Last Agent to Sell the Property

Beth Leonard

TRUE REAL ESTATE Listed on: 02/16/2021

TRUE REAL ESTATE

Last Buyer's Agent

Cara Bishop

TRUE REAL ESTATE

TRUE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • 1989

Lot Details

  • 0.3

Home Design

  • Poured Concrete
  • Stucco Exterior

Interior Spaces

  • 4,590 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • 0.3 Acre Lot
  • Ground Level

Listing and Financial Details

  • Tenant pays for cable TV, electric, trash
  • Assessor Parcel Number 212006750

Property Details

Home Type

Multi-Family

Year Built

1989

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Assessment Balance: 1191.14
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 4590
  • L V T Date: 02/16/2021
  • Mechanicals: Water Heater - Gas, Water Softener-None
  • Parcel Number: 212006750
  • Price Per Square Foot: 17.97
  • Rental License: Yes
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2628
  • Estimated Number of Acres: 0.3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Finished Above Grade Sq Ft: 4590
  • Total Fin Square Footage: 4590
  • Total Square Footage: 4590

Exterior Features

  • Construction Type: Poured Concrete
  • Exterior: Stucco

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Blue Earth Area #2860

Lot Info

  • Estimated Lot Dimensions: .30 acres

Rental Info

  • Tenant Expense: Cable TV, Electric, Trash

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $82,500 -8.2% $18 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $89,900 -- $20 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Beth Leonard

    TRUE REAL ESTATE

    (507) 508-2229

    1 in this area

    107 Total Sales

    Section Image
  • Cara Bishop

    Buyer's Agent in 2021

    Cara Bishop

    TRUE REAL ESTATE

    (612) 791-9904

    3 in this area

    387 Total Sales

    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7026213

REALTOR® Association of Southern Minnesota

Minnesota Faribault County Blue Earth 56013

224 N Nicollet St, Blue Earth, MN

This home is located at 224 N Nicollet St, Blue Earth, MN 56013 since 16 February 2021. This property was built in 1989. 224 N Nicollet St is a home located in Faribault County with nearby schools including Blue Earth Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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