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Closed
  • $50,000

    511 1st St N, Waterville, MN 56096

    3beds
    1,292sqft
    Single Family Residence
    Built in 1948
    0.57 Acres Lot
    $50,200 Zestimate®
    $39/sqft
    $1,591 Estimated rent

    What's special

    This property offers an exciting opportunity for those looking to invest in a desirable location near the swimming beach and boat landing on Lake Tetonka. Due to severe damage sustained during a recent flood, the basement on the north end of the home has collapsed. It's important to note that the garage and the living room do not have a basement underneath. As a result, the selling price reflects the value of the lot alone. Situated close to downtown Waterville, this lot provides easy access to nearby lakes and trails. Build a summer retreat or a comfortable year-round residence. All utilities have been disconnected. Whether you're an investor or looking to build, this is a chance to develop a property that reflects whatever your vision is. Selling-As-Is.

    Zillow last checked: 7 hours ago

    Listing updated: May 28, 2025 at 01:25pm

    Listed by:

    Patricia J Jewison 507-661-0022,

    Edina Realty, Inc.

    Bought with:

    Tracy Steinberg

    ERA Gillespie Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6716103MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Basement: Block
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,292
    • Total interior livable area: 1,292 sqft
    • Finished area above ground: 1,292
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Approach with Ramp, Roll-In Shower
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.57 Acres
    • Dimensions: 132 x 189
    Details
    • Foundation area: 1292
    • Parcel number: 240273100
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    Condition
    • Age of Property: 77
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Waterville

    HOA & financial

    HOA
    • Has HOA: No
    Services availability