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For Sale:  Rochester MLS# 7142279

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Active NEW!
$400,000
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1958
1,560 sqft • 0.214 acres
Rochester schools
MLS# 7142279
763-576-8286
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    Property Description

    This side by side duplex offers one-level living in a prime location. Each unit has 2 bedrooms, 1 full bath, kitchen, living room, and basement. Separate entrances and a shared 2 car garage. Rental certificate is current and one unit is rented, while the other is pending. Rare opportunity to own an investment property located just a short distance from St. Mary’s, Mayo, and downtown!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $400,000
    Price per sq ft: $256
    Property Type: Multi-family
    City: Rochester
    Garage Spaces: 2
    County: Olmsted
    Year Built: 1958
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55902
    Subdivision Name: Baihlys 1st Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,560 ft2
    Living Area: 1,560 ft2
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Shared Access

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 576 ft2
    Foundation Size: 1,530 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities: Patio
    Road Frontage: City Street
    Exterior Material:
    • Concrete
    • Frame
    • Steel Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry: Electric Dryer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.214
    Geolocation: 44.0081092508, -92.4763819239
    Lot Dimensions: 82 x 11
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Folwell
    Middle School: John Adams
    High School: Mayo

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,359
    Annual Maintenance Expense: $1,200
    Annual Trash Expense: $455
    Annual Water/Sewer Expense: $120
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,114
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,114

    Income

    Annual Gross Income: $26,400

    Rent

    Annual Net Income: $21,384

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: People’s Energy Cooperative

    Mortgage Calculator

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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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.