Dave Corey

Dave Corey

Property

510 3rd Street NW, Faribault, MN 55021

280,000

FHA
$22,768 interest already paid off
N/A
N/A
2,534 sqft
Estimated Loan Balance$109,909
Cash to close$166,589
Est. Monthly PITI$1,037
Initial Loan Amount$124,441
Time on sitea year
Remaining Term24 years, 5 months

Payment Calculator

$1,037

per month

In an assumption, your down payment equals the seller’s equity. You’ll need at least 5% in cash, and the rest can be covered with secondary financing.

How much can you bring down?$166,589
Find out if you qualify by applying with our experts.
Get Prequalified

Assumed Rate

3.47%
6.72%

Principal & Interest

$557 /mo
$805 /mo
PatrickRachelMike

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About this home

INVESTORSRENTAL INCOMEINVESTMENT OPPORTUNITY
Fantastic investment opportunity in the heart of Faribault! This centrally located duplex is perfect for both investors and those looking to owner-occupy. Live in one unit while generating rental income from the other, or rent out both units for a steady cash flow. Just a short walk from local stores and restaurants, this property offers convenienc
A yearOn UMe
Residential IncomeProperty Type
1873Year Built
2534 SqftLiving Area
$110Price Per Sqft
$242Monthly Taxes

Listed by • , Edina Realty, Inc.

Property Details

Garage/Carport Information

  • Has Garage
  • No Attached Garage

Parking

  • Features: Garage
  • # of Parking (Total): 2
PatrickRachelMike

Curious About This home?

Book a call with our team and start your journey toward owning this home. We’ll answer your questions and walk you through every step.
No pressure--just real answers from our experts

MLS ID: NST6577399

Listing From: northstar

Last updated: 2025-10-02T06:49:04.549Z

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