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$144,900   Price Analysis
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202 N Park St
Fairmont, MN 56031
5 bed 2 bath 2,594 SqFt ($55/SqFt)
6,447SqFt lot. Built 1932
Listed 2023-10-19, Taxes $1,376
USDA Eligible
near Fairmont, MN
 Restrictions may apply
due to home size

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 asily 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.


Presented by Paul Determan at
RE MAX Total Realty.
Listing Agent Photo

Property MLS #6447664 from NorthstarMLS

Bedrooms: 5

Total Rooms: 7
Basement Features: Egress Windows, Full
Family Room Features: Main Level

Dishwasher
Microwave
Range
Refrigerator

Cooling Features: Central
Heating Features: Boiler
Heating Fuel: Natural Gas

Full Bathrooms: 2

Dining Room Features: Kitchen/Dining Room

Stucco
Road Frontage Type: City
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Corner Lot
Lot Size Acres: 0.148
Lot Size Dimensions: 75 x 86
Lot Size Square Feet: 6447

Parking Features: Driveway - Gravel, More Parking Offsite for Fee

City View
Hardwood Floors
Natural Woodwork

Association: No
Calculated Total Monthly Association Fees: 0

School District: 2752 - Fairmont Area Schools

Fairmont Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Fairmont High School is a public middle and high school located approximately 1.4 miles away.
directions icon Map directions

St. Paul's Lutheran School is a private elementary and middle school located approximately 0.5 miles away.
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Annual Tax Amount: 1604.00
Source Listing Status: Active
County: Martin
Directions: From Blue Earth Ave turn north onto Park St and go 2 blocks. Property is the next building north of public library
Tax Year: 2023
Source Property Type: Single Family
Source Neighborhood: Fairmont
Parcel Number: 230401560
Subdivision: Fairmont
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax

Price Changed 2024-02-13
$144,900
NorthstarMLS
Listed 2023-10-19
$149,900
NorthstarMLS
Listing removed 2017-01-11
$800
Zumper
Listed for rent 2016-09-26
$800
Zumper
Sold 2012-12-21
$67,000
Public Record
Sold 2009-12-01
$67,000
Public Record
Sold 2001-12-13
$50,000
Public Record
Sold 1997-01-21
$50,000
Public Record

Total Square Feet Living: 2594
Above Grade Finished Area: 2594
Construction Materials: Brick, Frame
Foundation Area: 1424.00
Property Age: 92
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2594.00
Total Area Main: 1424.00
Total Below Grade Area: 1424.00

Electric: Circuit Breakers
Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.