This property has frontage on Roberds Lake which is a 632-acre lake with a depth of 43 feet. There is over 21 acres of tillable ground, pasture land, timber and some wetland. This property could be an excellent investment for future development. You have direct access to an asphalt road, and you are just outside of the city of Faribault and a short commute to the Twin Cities metro area.
From Faribault head west on 11/Roberts Lake Blvd, turn left onto W 185th St., turn right onto Echo Ave
The approximate monthly Principal & Interest payment for this property would be $2,781. This payment is based on a 30-year loan at a fixed rate of 4.54 % with a down payment of $57,900. Actual lender interest rates and loan programs may vary.
Use our Mortgage Payment Calculator to determine a more exact payment estimate, or Contact a Gerrard-Hoeschler REALTORS Real Estate Agent.