For Sale: Rochester MLS# 6709376
Active
NEW!
$269,900
Multi-family: Triplex
Built 1890
2,337 sqft • 0.1 acres
Rochester schools
MLS# 6709376
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Property Description
Welcome to this well-maintained tri-plex located in the heart of Rochester, MN â?? just minutes from downtown, the Mayo Clinic, and major transit routes. This versatile property features two studio units and one spacious two-bedroom unit, offering a great mix of rental income potential and tenant appeal.
Whether youâ??re a seasoned investor or just entering the market, this tri-plex offers flexibility, location, and reliable cash flow. A perfect property to expand your investment portfolio OR live in one unit while generating income from the others, this property checks all the boxes.
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Listing
Listing Status:
Active
Contingency:
None
List Price:
$269,900
Price per sq ft:
$115
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
0
County:
Olmsted
Year Built:
1890
State:
MN
Property Style:
Triplex
Zip Code:
55904
Subdivision Name:
D P Maddens Add
Interior
Finished Area:
2,337 ft2
Living Area:
2,337 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
949 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.1
Geolocation:
44.008685, -92.45442
Lot Dimensions:
99 x 46
Zoning:
Residential-Multi-Family
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Ben Franklin
Middle School:
Willow Creek
High School:
Mayo
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$2,700
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$5,844
Annual Trash Expense:
$852
Annual Water/Sewer Expense:
$1,092
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,292
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,292
Income
Annual Gross Income:
$26,160
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.