Movoto Real Estate
Sold on 11/23/2024

728 Colonial Cir, Faribault, MN 55021

  • $306,000

    Last sold 11/23/2024 for $296K

  • 4

    bed

  • 2

    bath

  • 2,347

    Sqft ($127/Sqft)

Multi-family not for sale
Movoto is helping 7 homebuyers near you

About 728 Colonial Cir

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Lot size 0.42 Acre
Movoto estimate
Parking 2 garage spaces
Property description
JINGLE BELLS, JINGLE BELLS, JINGLE ALL THE WAY! Listen closely—those are the sweet sounds of rental income rolling in! The ultimate holiday gift is here—an adorable duplex that’s as cozy & magical as the season itself. Tucked at the end of a cul-de-sac, this beauty offers all the good stuff—privacy, minimal traffic, & a neighborly feel. With a gorgeous 0.422-acre lot, it’s your slice of serenity. Live in the main-level 2BR/1BA with its private composite deck, or rent both units for double the income! Either way, this smart investment starts generating cash flow from day one. If rental income & cozy living are your jam, this is the perfect match! The lower-level 2BR/1BA, with its private patio, already has a stable, long-time tenant in place. With this reliable tenant, you’re set to unwrap instant rental income from day one—talk about a holiday bonus. Each apartment has its own private entrance, in-unit laundry (no hauling laundry in the cold!), & a stall in the shared 2-car garage—perfect for snowy mornings. Plus, each unit has its own electric meter to keep billing simple & separate! Both units also have huge living rooms—plenty of space for a show-stopping Christmas tree & all your favorite things. The backyard is your peaceful hideaway, with sweeping hillside views over the south side of town. Cozy, cash-flow-ready, & ready to bring the magic—this duplex is the holiday sparkle you’ve been waiting for!
Listed by
Listing Agent - James E. Barta
Listing Office - RE/MAX Experts
Source: Northstar MLS mls logo
MLS#6627184 • last updated 5 months ago
Movoto checked Northstar MLS for data 12 minutes ago
Overview
Heating Boiler, Hot Water
Levels/Style One
MLS # 6627184
Type Residential Income
Property Tax 3534
Tax Assessment 3574
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Total # of Bathrooms 2
# Bedrooms 4
Laundry Electric Dryer Hookup, Lower Level, Main Level, In Unit, Washer Hookup
Accessibility Features None
Exterior
# Garage Spaces 2
Lot Desc Tree Coverage - Medium
Fencing Chain Link
Amenities / Utilities
Water Source City Water/Connected
Location
County Rice
Subdivision Colonial Heights
High School District Faribault
APN 1836452015
Multifamily Details
Total # of Units 2
Annual Gross Income 1
Expense: Trash 1
Operating Expense 1
Expense: Manager 1
Expense: Insurance 1
Expense: Maintenance 1
Expense: Water/ Sewer 1
Expense: Electricity 1
Expense: Fuel 1
Expense: Other 1
Lot/ Land Details
Present Use Yearly
$306K
Range: $278K-$333K
Last 30 days 
  • Nov 2024
    mls logo MLS # 6627184
  • Nov 6, 2024 Coming Soon
    $299,900
  • 728 Colonial Cir
    $296K
  • Colonial Heights
  • 55021
    $349K -5% y/y
  • Faribault
    $354K -4% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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