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Pending NEW!
$245,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1924
1,716 sqft • 0.19 acres
Rochester schools
MLS# 6793949
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    Property Description

    Income-producing opportunity! This well-maintained duplex comes with a current rental certificate for the upper unit and includes all appliances for both levels. The lower unit has been owner-occupied and shows pride of ownership throughout. A 2-stall garage provides added convenience, and both units are move-in ready. Whether you’re looking to live in one unit and rent the other, or add to your investment portfolio, this property is a smart choice.

    Listing

    Contingency: None
    Price per sq ft: $143
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55904
    Subdivision Name: East Rochester Add-Part Torrens

    Interior

    Living Area: 1,716 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 948 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Road Frontage: City Street
    Exterior Material: Stucco

    Lot & Land

    Acres: 0.19
    Geolocation: 44.015423, -92.452863
    Lot Dimensions: 132 x 61
    Zoning: Residential-Multi-Family

    Schools

    School District: 535
    District Phone: 507-328-3000
    Elementary School: Riverside Central
    Middle School: Kellogg
    High School: Mayo

    Expenses

    Annual Caretaker Expense: $4,679
    Annual Electric Expense: $1,690
    Annual Fuel Expense: $945
    Annual Insurance Expense: $1,478
    Annual Maintenance Expense: None
    Annual Gross Expense: $4,679
    Annual Trash Expense: $264
    Annual Water/Sewer Expense: $437
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,190
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,190

    Income

    Annual Gross Income: $11,940

    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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    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 Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.