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Active NEW!
$292,500
/mo Edit
Single Family:  1 Story
3 br • 2 ba • Built 1962
1,904 sqft • 0.146 acres
MLS# 7054134
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    Property Description

    Turnkey income opportunity! This 3 bedroom, 2 bath home features an oversized 2 car detached garage and low-maintenance steel siding, but the true standout is the walkout lower level with a private entrance—perfectly set up for generating passive income. Previously operated as a successful Airbnb Superhost property with a proven track record, offering an incredible opportunity for short-term rental or flexible living. Hardwood floors throughout and a spacious kitchen with stainless steel appliances add comfort and appeal, making this a smart investment and a place you’ll love to own.

    Listing

    Contingency: None
    Price per sq ft: $154
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: 1 Story
    Zip Code: 55901
    Subdivision Name: Sunset Terrace

    Interior

    Living Area: 1,904 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    Basement Details:
    • Block
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 576 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,040 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    Unit Amenities:
    • Ceiling Fan(s)
    • Deck
    • Hardwood Floors
    • Kitchen Window
    • Patio
    • Tile Floors
    Road Frontage:
    • City Street
    • Sidewalks
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Main Floor Full Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Kitchen/Dining Room
    Laundry:
    • In Basement
    • Lower Level
    Main Level Size Sq Ft
    Bathroom  5'2" x 7'9"  35 
    Bedroom  8'10" x 13'5"  104 
    Kitchen  15'9" x 13'4"  195 
    Living Room  21'10" x 11'3"  231 
    Bedroom 2  10'11" x 13'4"  130 
    Bedroom 3  11' x 8'9"  88 
    Lower Level Size Sq Ft
    Bar/Wet Bar Room  10'2" x 7'7"  70 
    Bathroom  10'4" x 11'3"  110 
    Family Room  15'5" x 14'9"  210 
    Laundry  15'1" x 7'3"  105 
    Sitting Room  15'3" x 11'3"  165 
    Storage  5'9" x 7'3"  35 
    Utility Room  6'7" x 7'3"  42 

    Lot & Land

    Acres: 0.146
    Geolocation: 44.038193, -92.489725
    Lot Dimensions: 63 x 101
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 1929
    District Phone: 5073283000
    Elementary School: Sunset Terrace
    Middle School: John Adams
    High School: John Marshall

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,170
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,224
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    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.
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    Listing provided by RMLS, courtesy of Re/Max Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.