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For Sale:  Rochester MLS# 7142363

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Active NEW!
$375,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1948
1,768 sqft • 0.177 acres
Rochester schools
MLS# 7142363
763-576-8286
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    Property Description

    Incredible investment opportunity! Duplex with one unit on the main level and one on the upper level. Both units have 2 bedrooms, 1 full bathroom, living, dining, and kitchen. Shared laundry in the basement. Shared two car garage. In a prime location convenient to St Mary's, Mayo, and downtown, it's perfect property to expand your investment portfolio, or move in one unit and rent the other.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $375,000
    Price per sq ft: $212
    Property Type: Multi-family
    City: Rochester
    Garage Spaces: 2
    County: Olmsted
    Year Built: 1948
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55902
    Subdivision Name: Williams Healy & Corn-Outlots

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,768 ft2
    Living Area: 1,768 ft2
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 440 ft2
    Foundation Size: 884 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities:
    • Coin-op Laundry Owned
    • Patio
    Road Frontage: County Road
    Exterior Material:
    • Block
    • Frame
    • Steel Siding
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Shared Rooms: Other
    Laundry:
    • Common Area
    • In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.177
    Geolocation: 44.0098253357, -92.475487297
    Lot Dimensions: 56 x 136
    Zoning: Residential-Multi-Family

    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: $782
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,761
    Annual Maintenance Expense: $1,219
    Annual Trash Expense: $1,508
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Cable TV, Telephone

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,482
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,482

    Income

    Annual Gross Income: $26,400

    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.