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For Sale:  Rochester MLS# 6615584

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Active
$799,900
/mo Edit
Commercial:  Apartments
Built 1963
0.16 acres
Rochester schools
MLS# 6615584
763-576-8286
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    Property Description

    This exceptional property offers both residential charm and substantial investment potential. Situated in a highly desirable area near downtown, parks, and scenic walking trails, this listing includes: **1 Single-Family Home:** - 3 Bedrooms, 1 Bathroom - Comfortable and spacious layout, perfect for families or individuals looking for a cozy place to call home. **6-Plex Multi-Family Building:** - 5 Units: 2 Bedrooms, 1 Bathroom each - 1 Unit: 1 Bedroom, 1 Bathroom - Designed for tenants seeking convenience and comfort with each unit offering generous living space. **Additional Features:** - Ample off-street parking for all residents. - Excellent proximity to downtown Rochester, providing easy access to shopping, dining, entertainment, and public transportation. This unique property is ideal for investors looking for a blend of stable residential tenants and income-generating opportunities. Don’t miss out on this rare investment in one of Rochester’s most sought-after neighborhoods!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $799,900
    Property Type: Commercial
    City: Rochester
    County: Olmsted
    Year Built: 1963
    State: MN
    Property Style: Apartments
    Zip Code: 55904
    Subdivision Name: Haggertys Sub Ab

    Interior

    Ceiling Height: 8-10

    Exterior

    Other Parking Spaces: 10
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,521 ft2
    Foundation Dimensions: 39 x 39
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material: Metal Siding
    Roof Details: Composition

    Lot & Land

    Acres: 0.16
    Geolocation: 44.020531322, -92.4564251561
    Inclusions: Building, Land, Leases, Rental License
    Lot Dimensions: 57.3 x 124.6
    Zoning: Other

    Schools

    School District: 535
    District Phone: 507-328-3000

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $9,358
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,358

    Units

    Total Units: 7

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Heating Separate
    • Hot Water Common
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    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.