$69,000
Faribault, MN 55021
MLS# 6474620
Status: Closed
1 / 1
Property Description
Welcome to an exceptional investment opportunity! This corner lot, featuring addresses 2461, 2463, 2465, and 2467, is primed for the construction of four townhome units. Situated just minutes away from Faribault Golf Club, this strategically located property is an ideal prospect for investors or builders. Take advantage of the prepped canvas and turn this promising corner lot into a lucrative venture. Act now and unlock the potential of this conveniently positioned land for a seamless and rewarding project. Don't miss out on this ready-to-go opportunity!
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-07-03
Contingency: None
Current Price: $69,000
Closed Date: 2024-07-01
Original List Price: 100000
Sales Close Price: 69000
ListPrice: 100000
List Date: 2024-01-05
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
Comp Sale YN: No
Development: No
Drainage: Good
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 130x40x159x151x146
Acres: 0.51
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 15 BLOCK 1 OF CHADUM HILLS
Listing City: Faribault
Map Page: 999
Municipality: Faribault
Rental License?: No
School District: Faribault
School District Phone: 507-333-6016
Zip Plus 4: 7639
Property ID Number: 1826403024
Tax Year: 2023
Tax Amount: 168
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to an exceptional investment opportunity! This corner lot, featuring addresses 2461, 2463, 2465, and 2467, is primed for the construction of four townhome units. Situated just minutes away from Faribault Golf Club, this strategically located property is an ideal prospect for investors or builders. Take advantage of the prepped canvas and turn this promising corner lot into a lucrative venture. Act now and unlock the potential of this conveniently positioned land for a seamless and rewarding project. Don't miss out on this ready-to-go opportunity!
Directions: 35 South to exit 59, Lyndale Ave N, take a right on 30th St NW, right on Birn Hill Dr., lot on your left.
Assessments
Assessment Balance: 0
Tax With Assessments: 168
Builder Information
Builder Restrictions: Open
Development Status
Raw Land: 1
Existing Financing
Conventional: 1
Financing Terms
Conventional: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Lot Description
Cleared: 1
Corner Lot: 1
Irregular Lot: 1
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Restriction/Covenants
None: 1
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Street Lights: 1
Road Responsibility
Public Maintained Road: 1
Sale Options
Sell Entirely: 1
Sellers Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Topography
Level: 1
Available Utilities
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
None Connected: 1
Phone Available: 1
Sewer Available: 1
Water Available: 1
Improvements
Curbs: 1
Paved Streets: 1
Public Road: 1
Land Inclusions
None: 1
Property SubType
Residential Lot: 1
Location Tax and Other Information
House Number: 2461
Street Name: Birn Hill
Street Suffix: Drive
Postal City: Faribault
County: Rice
State: MN
Zip Code: 55021
Complex/Dev/Subdivision: Chadum Hills
Property Features
Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Water Available
Development Status: Raw Land
Existing Financing: Conventional
Financing Terms: Conventional
Improvements: Curbs; Paved Streets; Public Road
Land Inclusions: None
Lot Description: Cleared; Corner Lot; Irregular Lot; Tree Coverage - Light
Property SubType: Residential Lot
Road Frontage: City Street; Curbs; Paved Streets; Street Lights
Road Responsibility: Public Maintained Road
Sale Options: Sell Entirely
Sellers Terms: Cash; Conventional; FHA; VA
Topography: Level
Listing Office: RE/MAX Results
Last Updated: July - 19 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.