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Property view

511 1st Street N, 
Waterville, MN 56096

$50,000


3

Beds


1

Bath


1,292

Sq Ft


Single Family

Sold

Listed by

Patricia Jewison

Bought with ERA Gillespie Real Estate

Edina Realty, Inc.

507-385-7575

MLS#

6716103

Source:

NSMLS

Sorry, we are unable to map this address

About This Home

511 1st Street N

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.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1948

Price Summary

55,000

$42 per Sq. Ft.

MLS #:

6716103

Sold:

May 28, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,292 Sq. Ft.


Structure

Structure

Building Area:

1,292 Sq. Ft.

Year Built:

1948


Lot

Lot Size (Sq. Ft):

24,829


Finances & Disclosures

Finances

Price:

$55,000

Price per Sq. Ft:

$42 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.