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Active
$314,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1914
1,680 sqft • 0.15 acres
Rochester schools
MLS# 6732100
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    Property Description

    Opportunities are abundant with this well maintained duplex property near downtown Rochester and Mayo Clinic! The main level 2 BR unit exudes charm with recent updates throughout - making it a great owner occupied or rental unit option, in addition to the currently leased upper level 2 BR unit. The large backyard offers plenty of outdoor space for residents to enjoy or plans for a future garage. Don't miss this versatile investment opportunity that has already had many of the big updates completed!

    Listing

    Contingency: None
    Price per sq ft: $187
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55904
    Subdivision Name: D P Maddens Add

    Interior

    Living Area: 1,680 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Foundation Size: 840 ft2
    Foundation Dimensions: 28x30
    Fencing: Partial
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Concrete
    Shared Amenities: Laundry
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.15
    Geolocation: 44.008075, -92.453329
    Lot Dimensions: 50 x 130

    Schools

    School District: 535
    District Phone: 507-328-3000
    Elementary School: Ben Franklin
    Middle School: Willow Creek
    High School: Mayo

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,748
    Annual Fuel Expense: $1,707
    Annual Insurance Expense: $1,899
    Annual Maintenance Expense: None
    Annual Gross Expense: $7,174
    Annual Trash Expense: $420
    Annual Water/Sewer Expense: $900
    Tenant Expenses: Cable TV

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,370
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,370

    Income

    Annual Gross Income: $25,800
    Misc. Annual Income: None
    Misc. Monthly 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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    Listing provided by RMLS, courtesy of Innovative Real Estate Solutions.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.