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Updated 2 hours ago

The Cornerstone Building


422 Division St Northfield, MN

4 Bed
•
2 Bath

1,567 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$100
Size: N/A
0 Available
Managed By: Undertaking, LLC
422 Division Street - STORAGE #1
$100
Rented
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422 Division Street - STORAGE #2
$100
Rented
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422 Division Street - STORAGE #3
$100
Rented
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422 Division Street - STORAGE #5
$100
Rented
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422 Division Street - STORAGE #4
$100
Rented
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Studio • 1 Bath
$1,050
544 ft2
0 Available
Managed By: Undertaking, LLC
422 Division Street - 201
$1,050
Rented
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1 Bed • 1 Bath
$1,000 - $1,250
567 ft2
0 Available
Managed By: Undertaking, LLC
422 Division Street - 202
$1,000
Rented
View
Unit 202
$1,250
Rented
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1 Bed • 1 Bath
$1,275 - $1,300
625 ft2
0 Available
Managed By: Undertaking, LLC
422 Division Street - 203
$1,300
Rented
View
Unit 203
$1,275
Rented
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4 Beds • 2 Bath
$2,500
1567 ft2
1 Available
Managed By: Undertaking, LLC
Unit 204
$2,500
Available Now
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Where you'll live
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The Cornerstone Building
The Cornerstone Building
The Cornerstone Building
Location ratings
Walk Score®
88
Very Walkable
Bike Score®
84
Very Bikeable
Amenities
On-site Laundry
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $2,500
Property details
Description

Historic Building in Downtown Northfield. 2 Commercial Spaces on the Main Level - Farmstead bike shop and Tin Tea.
5 residential apartments. 3x - 1 bedrooms and 2x - 4 bedrooms.
Street parking around building - shared coin operated laundry which has 2 dryers and 2 washers.
Cleaning is done bi weekly for the property.
Tenant storage located in the basement

Additional Details
Total Unit Count: 5
Last Updated: Updated 2 hours ago
Contact Number: (507) 331-4123
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 100.0 3.0
JTN Communications 55.0 17.0
Nextera Holdings, LLC 50.0 50.0
CenturyLink, Inc. 30.0 1.5
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Cornerstone Building by bedroom type below.
4 Bedroom
Suggested income:
$90,000
per year
Rent report

The Cornerstone Building Rent vs. Northfield Average

 The Cornerstone Building      Northfield Average
4BR
$2,500
$3,450
$0
$1,150
$2,300
$3,450
$4,600

The Cornerstone Building is asking 28% less than the average 4 bedroom apartment in Northfield.

If you downsized to an average priced Northfield 3 bedroom apartment, you would pay 68% less per month.

The Cornerstone Building provides 15% less square footage than the average Northfield 4 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Cornerstone Building
4BR $2,500 $1.60 $7,500
Northfield Average
Studio $1,323 $2.20 $3,970
1BR $1,409 $2.10 $4,227
2BR $1,604 $1.70 $4,812
3BR $2,050 $1.10 $6,150
4BR $3,450 $1.90 $10,350

Availability in Northfield

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 16 1BR units on the market in Northfield. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 40% 38% 10% 5%
Available Units in Northfield
Studio 3
1BR 16
2BR 15
3BR 4
4BR 2
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,567 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 4 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
The Cornerstone Building has a 4 bedroom unit starting at $2,500.
Where is this property located?
This property is at 422 Division St in Northfield, MN. It's 0.4 miles north from the center of Northfield.
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