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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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226 7th St NW , Faribault, MN 55021
$525,000
Est. Payment: $2,712.40/mo
6 Bed
0 Bath
6427 Sqft
Status: Active | Days on site: 128
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3753 - 505005857,502019240
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Hatch Brokered by Real
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House Description

This stately 1890s multi-family residence is a standout example of craftsmanship and opportunity in the heart of Faribault. Configured as a unique seven-unit property, it offers strong income potential with a proven rental layout. Timeless character shines throughout, highlighted by classic hardwood floors and distinctive architectural details. A large open-frame porch and striking exterior create impressive curb appeal, while the corner lot setting adds to its presence. The property also features a spacious basement, ideal for storage or maintenance, along with convenient gravel driveway parking. Designed for efficient management, the building includes common heating and separate electric utilities for each unit. Recent assessments reflect increasing value, and the solid stone foundation underscores its long-term durability. With the right vision and updates, there is an excellent opportunity to further enhance both value and appeal. Located near local amenities with easy highway access, this property presents a rare opportunity to own a piece of Faribault’s history while maximizing its investment potential.
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Highlights

Listed by The Huerkamp Home Group , 952-746-9696 and Jeffrey Norberg , 952-240-3549 Keller Williams Preferred Rlty , 952-746-9696. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale
Lot/Acreage
0.35

Year Built

1890

County

Rice

 Neighborhood

Mcclellands 2nd Add

 School District

Faribault

Listing ID

7061689

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Range, Refrigerator
Basement:Block,Full,Unfinished
Other:
  • ▪ Additional:Hardwood Floors, Porch, Walk-In Closet
Water:City Water/Connected

Exterior Features

Lot:Corner Lot,Tree Coverage - Light
Lot Dimensions:132 X 115
Zoning:Residential-Multi-Family
Roof:Pitched
Sewer:City Sewer/Connected
Parking Features:Gravel,Open
Principal Interest
$2,712
Taxes
$429

Home Price

$525,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$105,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,712.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,712.40 $429.17 $0.00 $3,141.56
Yearly $32,548.76 $5,150.00 $0.00 $37,698.76
Total $976,462.79 $154,500.00 $0.00 $1,130,962.79
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Faribault, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T08:58:07.000Z

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