For Sale: Rochester MLS# 6518359
Active Contingent
$274,900
Multi-family: Duplex Up and Down
Built 1940
1,558 sqft•0.1 acres
Rochester schools
MLS# 6518359
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Property Description
This adaptable property, conveniently located near downtown and the medical campus, is a great investment. Itâs a duplex (one unit with 3 bedrooms, the other with 2), perfect for an owner-occupant looking to offset costs by renting one unit, or it can be a 5-bedroom single-family home. The property is currently a duplex with a valid rental certificate. It has been updated with a new roof in 2017, a high-efficiency furnace in 2014, A/C in 2018, 200 AMP electrical service in 2018, and a water softener in 2015. It also has permanent siding, updated windows, a newer deck, and a cedar privacy fence. The main floor unit has 3 bedrooms, a full bath, a kitchen, a large living area with hardwood floors, and access to a large basement with laundry. The upstairs unit has 2 large bedrooms, a kitchenette, a full bath, and a private deck with access to the fenced backyard. The property is well-maintained and move-in ready, with many built-ins and space-saving features.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$274,900
Price per sq ft:
$176
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
1
County:
Olmsted
Year Built:
1940
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55904
Subdivision Name:
Auditors A
Interior
Finished Area:
1,558 ft2
Living Area:
1,558 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
12x20
Garage Size:
240 ft2
Foundation Size:
830 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.1
Geolocation:
44.01955, -92.445681
Lot Dimensions:
41 x 113
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Riverside Central
Middle School:
Kellogg
High School:
Century
Expenses
Annual Electric Expense:
$1,331
Annual Fuel Expense:
$1,123
Annual Maintenance Expense:
$3,617
Annual Gross Expense:
$23,274
Annual Trash Expense:
$307
Annual Water/Sewer Expense:
$80
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,744
Lender-owned:
Not disclosed
Assessment Pending:
No
Taxes w/ Assessments:
$2,744
Income
Annual Gross Income:
$18,431
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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Listing provided by RMLS,
courtesy of Realty Growth Management 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.