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$232,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1895
1,672 sqft • 0.17 acres
Rochester schools
MLS# 6622987
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    Property Description

    Discover the potential in this well-maintained multi-family property, offering two spacious units with modern updates. Main level unit features 2 bedrooms, fully remodeled with a full bath, an office space, and an in-unit washer and dryer for convenience. Enjoy central air for comfort year-round. Upper-level unit offers 2 bedrooms and a 3/4 bath, perfect for additional rental income or extended family. Nestled on a desirable corner lot, this property includes an oversized 1-car garage with 442 sq ft of space. A fantastic location, ideal for owner-occupants or investors looking to add a quality property to their portfolio. Don’t miss this opportunity!

    Listing

    Contingency: None
    Price per sq ft: $139
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55904
    Subdivision Name: Auditors A

    Interior

    Living Area: 1,672 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Partially Finished
    • Stone/Rock

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 26x17
    Garage Size: 442 ft2
    Foundation Size: 836 ft2
    Fencing: Partial, Vinyl
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Assigned
    • Concrete
    • Detached
    Road Frontage: City Street
    Exterior Material: Metal Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.17
    Geolocation: 44.012612, -92.450821
    Lot Dimensions: 58 x 147
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

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

    Expenses

    Annual Insurance Expense: $3,598
    Annual Maintenance Expense: $1,200
    Annual Gross Expense: $4,798
    Annual Trash Expense: $144
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,100
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,100

    Income

    Annual Gross Income: $24,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    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!

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    Listing provided by RMLS, courtesy of Counselor Realty of Rochester.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.