Property Listing
Description
Welcome to your dream home in Farmington! This stunning property features a large, oversized storage building with two garage doors, easily accommodating 8 to 12 vehicles, perfect for an auto enthusiast or those needing ample space for storage/equipment. The home sits on a spacious lot with updated neutral finishes and appointments, professionally designed to create a modern, open floorplan that flows seamlessly to provide the space you desire. Recently renovated, it boasts larger-than-normal bedrooms and high-efficiency furnace features an energy rating of 93! The design includes two convenient washer/dryer hookups and the outbuilding is equipped with features ideal for an auto hobbyist. Secluded yet strategically located just off Hwy 3, this home offers breathtaking panoramic views of the Vermillion River, surrounded by nature with only one nearby neighbor. Enjoy one-level living on a gently sloping lot that leads to the river, all while supplementing your new home payment with income from the oversized storage building. This property is a strong cash-flowing investment, consistently generating monthly rental income that exceeds its operating expenses, offering a reliable return on investment. With a list of potential tenants for both the home and storage building already in place and demand in the area growing, it provides steady cash flow while also benefiting from long-term appreciation potential. Motivated seller - submit your offer ASAP, as all offers will be presented! Have your agent contact us for more details. Don’t miss out on this incredible opportunity—schedule your showing today!
Property Information
Status: Active
Sub Type: ********
List Price: $325,000
MLS#: 6680267
Current Price: $325,000
Address: 20735 Chippendale Avenue W, Farmington, MN 55024
City: Farmington
State: MN
Postal Code: 55024
Geo Lat: 44.648914
Geo Lon: -93.137183
Subdivision:
County: Dakota
Property Description
Year Built: 1947
Lot Size SqFt: 30927.6
Gen Tax: 2928
Specials Inst: 0
High School: ********
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Below Grade Unfinished Area:
Total SqFt.: 1350
Style: Array
Total Bedrooms: 3
Total Bathrooms: 2
Total Full Baths: 2
Garage Type:
Garage Stalls: 6
Waterfront:
Property Features
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Inclusions: ********
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