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Active NEW!
$275,000
/mo Edit
Multi-family:  Duplex Side by Side
3 br • 2 ba • Built 1954
1,400 sqft • 0.137 acres
Rochester schools
MLS# 7098404
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    Property Description

    Great investment or owner occupy! Purpose-built side by side duplex (not a converted home) less than a block from Silver Lake Park, near Jefferson Elementary and more. This duplex features a 2 bedroom unit and a 1 bedroom unit, both of which have access to the full basement with onsite laundry. Utilities are paid by the tenants except lawn, snow & garbage. 1 car garage as well for possible additional rental income! Great rental history and cashflow here!

    Listing

    Contingency: None
    Price per sq ft: $196
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55906
    Subdivision Name: Silver Lake Sub

    Interior

    Living Area: 1,400 ft2
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Size: 308 ft2
    Foundation Size: 1,400 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached Garage

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.137
    Geolocation: 44.032825, -92.449209
    Lot Dimensions: 52 x 115

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Jefferson
    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: $4,184
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,184

    Income

    Annual Gross Income: $23,744

    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

    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!

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