For Sale: Rochester MLS# 7066246
Active
$365,000
Multi-family: Triplex
3 br • 3 ba • Built 1890
2,434 sqft • 0.344 acres
Rochester schools
MLS# 7066246
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Conveniently located triplex in Rochester with immense upside potential! This versatile property is perfect for a savvy investor looking for a value-add play, a short-term rental conversion, or an owner-occupant. The property features three distinct units, several detached garages (~1, 494 SF total), and generous common areas, including a large front yard and back patio. Situated on a 0.34-acre lot with R2X zoning, there is plenty of room to bring your vision and maximize your long-term investment goals. Sold as-is; bring your imagination!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$365,000
Price per sq ft:
$150
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
4
County:
Olmsted
Year Built:
1890
State:
MN
Property Style:
Triplex
Zip Code:
55904
Subdivision Name:
City Lands
Interior
Bedrooms:
3
Bathrooms:
3
Finished Area:
2,434 ft2
Living Area:
2,434 ft2
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
1,494 ft2
Garage Door Height:
8
Foundation Size:
1,114 ft2
Foundation Dimensions:
34 x 34
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Forced Air
Road Frontage:
City Street
Roof Details:
Asphalt
Lot & Land
Acres:
0.344
Geolocation:
44.023913, -92.453377
Lot Dimensions:
75 x 200
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
535
District Phone:
5073283000
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:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,256
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,776
Income
Annual Gross Income:
$33,600
Rent
Annual Net Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Rochester Public Utilities
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Realty Growth Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.