202 N Park Street, Fairmont, MN 56031

$144,900 Asking Price

5 beds
2 baths
4,018  sqft
Built in 1932

Opportunities await with this unique property! The main floor has been renovated and has had new carpet, fresh paint and floors refinished throughout along with many touchups and updates and this entire house could be a 5-7 bedroom single family home or it could easily go back to being a triplex as it was previously used as. Here's where it gets interesting: you have the choice to either move in and enjoy this versatile property as your own home or utilize it as an income-generating investment by collecting rent to offset your expenses. The possibilities are wide open, and the decision is in your hands. As a triplex there was a 2 bedroom unit on the lowest level, 4 bedroom on the main level and 1 bedroom on the upper. All levels had their own kitchens and bathrooms. Boiler heat throughout and newer gas water heater.


Features & Amenities

Interior

Rooms:
Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Master Bath:
Main Floor Full Bath,Upper Level Full Bath
Appliances:
Dishwasher, Microwave, Range, Refrigerator
Dining:
Kitchen/Dining Room
Basement:
Egress Window(s), Full
A/C:
Central Air
Heating:
Boiler
Fireplace:
Fireplaces: 0

Exterior

Parking:
Gravel, More Parking Offsite for Fee

Construction

Roofing:
Asphalt
General:
More Than 2 Stories

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Fairmont Area Schools
County:
Martin

Lot

Zoning:
230401560
Fencing:
None

Utilities

Utilities:
Circuit Breakers
Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar
Listing Agent Compensation:
2.4000 %
Buyers Agent Compensation:
2.40 %

This listing courtesy of:
RE/MAX TOTAL REALTY

About Fairmont, MN

Housing

Number of Units
5,936
Median Home Value
$148,388
Median Rent
$579

29.99% of housing units are renter occupied.

8.68% are vacant.

Commute

Car
83.83%
Public Transportation
0.45%
Walk to Work
2.07%
Work from Home
12.49%
Other
0.33%

The median travel time to work is 12 minutes.

People

Population
11,812
Median Age
46.10
Median Household Size
2.43

Education

High School
34.78%
Associate’s Degree
12.32%
Bachelor’s Degree
16.27%
Graduate Degree
7.48%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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