500 Division Street S # 7
Northfield, MNRare opportunity to own a one bed/one bath, light-filled condo in the heart of downtown Northfield where local grocery stores, restaurants, shops, services, and seasonal events are at your doorstep. Zoned both residential/commercial with a secure entrance, you can live and work, vacation, operate your business, use as short- and long-term rental, or a combination of the above. No worries about major projects or financial investments as the building was taken down to the studs and renovated in the early 2000s with recent replacement of ac, boiler, and water heater in the past five years. And this unique upstairs unit overlooking main street was completely remodeled to create open living on the main floor, featuring super tall ceilings and windows, refurbished barnwood built-ins, hardwood floors and an exposed brick and limestone wall. The newly carpeted loft is spacious enough for an executive office, tv or reading area, bedroom, or whatever you imagine. Also, the modest monthly HOA fee goes towards a savings reserve for unexpected repairs and covers the high cost of heat along with water/sewer, hazard insurance and maintenance of building exterior. Frontage street parking is available during winter; owners can obtain city permits for nearby public lots. Or just bike or walk about town. As a dual zone space that can generate income for years to come, cash or special financing is required. If interested, seller lender has program for qualified buyers.
Single Family
- Price
- $ 289,000
- City
- Northfield
- Bedrooms
- 1
- Full Bathrooms
- 1
- County
- RICE
- Half Bathrooms
- 0
- Area
- Holland Bldg Cic 70
- Lot Size
- 0.014 Acres
- Zip
- 55057
- Sqr Footage
- 874
- Year Built
- 1900
- Taxes
- $ 3122
- Style
- (CC) Low Rise (3- Levels)
- MLS#
- 6823984
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Faribault, MN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 55057
Areas That We Cover
- Belle Plaine
- Blakeley Twp
- Blooming Prairie
- Bridgewater Twp
- Cedar Lake Twp
- Credit River Twp
- Dennison
- Dundas
- Elko New Market
- Ellendale
- Erin Twp
- Faribault
- Forest Twp
- Helena Twp
- Jordan
- Kilkenny
- Lakeville
- Lonsdale
- Louisville Twp
- Medford
- Montgomery
- Morristown
- Nerstrand
- New Market Twp
- New Prague
- Northfield
- Northfield Twp
- Owatonna
- Prior Lake
- Saint Lawrence Twp
- Sand Creek Twp
- Savage
- Shakopee
- Shieldsville Twp
- Somerset Twp
- Spring Lake Twp
- Veseli
- Warsaw
- Waseca
- Waterville
- Webster
- Webster Twp
- Wells Twp
500 Division Street S # 7 Northfield, MN is a Single Family Home for sale at $289000 with 874 sqft and a lot size of 0.014 Acres Acre(s). 500 Division Street S # 7 Northfield has 1 bedrooms, 1 baths and was built in 1900. The property's zip code is 55057 which is in Northfield, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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