For Sale: Rochester MLS# 6644161
Active
$449,900
Multi-family: Four Plex
Built 1985
3,056 sqft • 0.81 acres
Rochester schools
MLS# 6644161
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Property Description
Great Investor opportunity Here on this original owner/built 4 plex with recent updates and great rental history! Unique building with 2 separate dwellings divided by garage area, features 3-2 bedroom units, 1- 1 bedroom unit, 5 garage stalls, laundry area and off street parking. Make this your first investment of 2025!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$449,900
Price per sq ft:
$147
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
5
County:
Olmsted
Year Built:
1985
State:
MN
Property Style:
Four Plex
Zip Code:
55904
Subdivision Name:
Homestead Acres
Interior
Finished Area:
3,056 ft2
Living Area:
3,056 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
5
Garage Size:
1,192 ft2
Foundation Size:
1,560 ft2
Handicap Accessible:
None
Road Responsibility:
Private Maintained Road
Heating System:
- Baseboard
- Hot Water
Parking Features:
- Asphalt
- Attached Garage
- Detached
- Parking Lot
Road Frontage:
Private Road
Exterior Material:
Metal Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.81
Geolocation:
44.014036, -92.439129
Lot Dimensions:
70 x 170
Zoning:
Residential-Multi-Family
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Riverside Central
Middle School:
Kellogg
High School:
Century
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,400
Annual Maintenance Expense:
$1,000
Annual Gross Expense:
$10,794
Annual Trash Expense:
$500
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,494
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,494
Income
Annual Gross Income:
$41,700
Units
Total Units:
4
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
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.
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!
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.