Sold: Rochester MLS# 6531607
Sold
$349,900 (list price)
$349,900
Multi-family: Duplex Up and Down
Built 1900
1,920 sqft • 0.13 acres
Rochester schools
MLS# 6531607
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Property Description
Updated duplex with a 3 bed 1 bath unit and 2 bed 1 bath unit. Kitchens, bathrooms, flooring, paint and fixtures have all been updated! This unit has been a cash cow as a nightly rental property and has bookings in place currently which the new buyer can take advantage of. Walking distance to Mayo Clinic, restaurants, & convenient stores. Silver Lake walking paths and green spaces a few blocks away. Walking distance to May field where the Northwoods League; Rochester Honkers baseball team plays. Perfect opportunity for the next investor to cash flow right away.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$349,900
Sold Price:
$349,900
Sold Date:
06/06/2024
Price per sq ft:
$182
Property Type:
Multi-family
City:
Rochester
County:
Olmsted
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55906
Interior
Finished Area:
1,920 ft2
Living Area:
1,920 ft2
Ranges:
One
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Foundation Size:
960 ft2
Fencing:
Partial, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
On-Street Parking Only
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
- City Street
- Curbs
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
- Asphalt
- Pitched
Lot & Land
Acres:
0.13
Geolocation:
44.030955, -92.462594
Lot Dimensions:
131 x 43
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
535
District Phone:
507-328-3000
Elementary School:
Sunset Terrace
Middle School:
Willow Creek
High School:
Mayo
Expenses
Annual Caretaker Expense:
$5,220
Annual Electric Expense:
$1,500
Annual Fuel Expense:
$1,500
Annual Insurance Expense:
$2,500
Annual Maintenance Expense:
$2,500
Annual Gross Expense:
$15,000
Annual Trash Expense:
$750
Annual Water/Sewer Expense:
$1,000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,508
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,508
Income
Annual Gross Income:
$29,950
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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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
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.