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$232,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1910
1,592 sqft • 0.13 acres
Rochester schools
MLS# 6753151
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    Property Description

    Discover a fantastic investment or owner-occupant opportunity with this 2-unit rental property located just minutes from downtown. The main level features a 1-bedroom unit with great natural light, freshly pained kitchen, bath and living room. Ceiling freshly painted in bath and living room. Hardwood floors and full bath. Upstairs, the spacious 2-bedroom unit includes a full bath, large storage room and bonus game room in the 3rd level. Both units share access to a 2-car garage and have access to laundry in the basment, adding convenience and value. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is full of potential and ideally situated close to local amenities, a park with outdoor concerts. Don’t miss out on this versatile, centrally located gem!

    Listing

    Contingency: None
    Price per sq ft: $146
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55904
    Subdivision Name: City Lands

    Interior

    Living Area: 1,592 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22x24
    Garage Size: 524 ft2
    Foundation Size: 720 ft2
    Foundation Dimensions: 24x26
    Fencing: Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    Shared Amenities:
    • Laundry
    • Porch
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.13
    Geolocation: 44.022933, -92.452973
    Lot Dimensions: 44 x 133
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Some Trees

    Schools

    School District: 535
    District Phone: 507-328-3000
    Elementary School: Riverside Central
    Middle School: Kellogg
    High School: Century

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,700
    Annual Maintenance Expense: $1,500
    Annual Gross Expense: $7,500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Electricity, Gas, Sewer, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,189
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,189

    Income

    Annual Gross Income: $22,800
    Misc. Annual Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Property Brokers of Minnesota.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.