For Sale: Rochester MLS# 6518359
Active
$274,900
Multi-family: Duplex Up and Down
Built 1940
1,558 sqft•0.1 acres
Rochester schools
MLS# 6518359
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Property Description
This adaptable property, conveniently located near downtown and the medical campus, is a great investment. Itââ¬â¢s a duplex (one unit with 3 bedrooms, the other with 2), perfect for an owner-occupant looking to offset costs by renting one unit, or it can be a 5-bedroom single-family home. The property is currently a duplex with a valid rental certificate. It has been updated with a new roof in 2017, a high-efficiency furnace in 2014, A/C in 2018, 200 AMP electrical service in 2018, and a water softener in 2015. It also has permanent siding, updated windows, a newer deck, and a cedar privacy fence. The main floor unit has 3 bedrooms, a full bath, a kitchen, a large living area with hardwood floors, and access to a large basement with laundry. The upstairs unit has 2 large bedrooms, a kitchenette, a full bath, and a private deck with access to the fenced backyard. The property is well-maintained and move-in ready, with many built-ins and space-saving features.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$274,900
Price per sq ft:
$176
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
1
County:
Olmsted
Year Built:
1940
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55904
Subdivision Name:
Auditors A
Interior
Finished Area:
1,558 ft2
Living Area:
1,558 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
12x20
Garage Size:
240 ft2
Foundation Size:
830 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.1
Geolocation:
44.01955, -92.445681
Lot Dimensions:
41 x 113
Zoning:
- Residential-Multi-Family
- Residential-Single 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:
$1,331
Annual Fuel Expense:
$1,123
Annual Insurance Expense:
None
Annual Maintenance Expense:
$3,617
Annual Gross Expense:
$23,274
Annual Trash Expense:
$307
Annual Water/Sewer Expense:
$80
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,744
Lender-owned:
Not disclosed
Assessment Pending:
No
Taxes w/ Assessments:
$2,744
Income
Annual Gross Income:
$18,431
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
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 Realty Growth Management Inc..
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.