Zip Code
512 2nd Ave NW, Winnebago, MN 56098
4 beds · 1 bath · 1,120 sq ft · Lot: 9,148 sq ft · Single Family Home · Last Sold: $50K in 2022 · Built: 1880
Est. Rent:
$1.9K/month

512 2nd Ave NW Winnebago, MN 56098

4 beds · 1 bath · 1,120 sq ft · Lot Size: 9,148 sq ft · Single Family Home

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512 2nd Ave NW is in the 56098 neighborhood of Winnebago, MN. It is located in Faribault County and ZIP code 56098. This Single Family Home was built in 1880 and is approximately 145 years old. The single family home spans 1120 sq ft with 4 bedrooms and 1 bathroom and sits on a 9148 sq ft lot. According to public records, it was last sold in 2022 for $50,000 and has a tax-assessed value of $69,200. Analyze and compare real estate investment strategies for properties like this home at 512 2nd Ave NW Winnebago, MN 56098 with Property Intel by Whitepages.

Investment Potential for 512 2nd Ave NW

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Long-Term

Gross Rental
$23,400 per year($1,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 56098 zip code
 
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Owners & Occupancy for 512 2nd Ave NW

No contact information is available.

Occupancy

Resident 1*****************
Resident 2**************** age 34

Property Details for 512 2nd Ave NW

Property Details

Property Sq Ft

Living Area

1,120 sq ft

46% below market

Lot Size

9,148 sq ft

56% below market

Property condition, age, exterior, etc. for 512 2nd Av…
Longitude: -94.176143 Latitude: 43.769558 Parcel Number (APN): 31.250.1330…
Mortgage originated on through lender: First Fin'l Bk In Winnebago for$*****View Mortgage Details
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Recommended Properties in 56098

Discover more single family homes near 512 2nd Ave NW in Winnebago, Minnesota. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 512 2nd Ave NW in Faribault County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
YoY Price Change
Year Built
1880
1987
-107 years
Living Space
1,120 sq ft
2,316 sq ft
-1196 (-52%)
$ Per Living Sq Ft
Lot Size
9,148 sq ft
14,246 sq ft
-5098 (-36%)
$ Per Lot Sq Ft

Net Operating Income
$19,897
-$1,318 (-7%)
Annual Revenue
$23,400
$31,200
-$7,800 (-25%)
$11,153
-$6,332 (-57%)
Net Operating Income
$19,897
-$1,318 (-7%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians