For Sale: Rochester MLS# 7028046
Active
NEW!
$325,000
Multi-family: 2 Stories
3 br • 2 ba • Built 1926
1,580 sqft • 0.073 acres
MLS# 7028046
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Property Description
Excellent investment opportunity in the Kutzky neighborhood just minutes from downtown, Mayo Clinic, parks, restaurants, and local amenities. This duplex offers strong rental potential with two separate units, each featuring private living spaces and functional layouts. The lower unit includes 2 bedrooms and 1 bathroom with spacious living and dining areas, hardwood floors, and a full kitchen. The upper unit offers 1 bed, 1 bath with comfortable living space and great natural light. Separate entrances provide flexibility for tenants or owner occupancy. Detached garage and off street parking add convenience. Ideal opportunity for investors seeking income potential or buyers looking to offset living expenses with rental income in a highly sought after location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$325,000
Price per sq ft:
$206
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
1
County:
Olmsted
Year Built:
1926
State:
MN
Property Style:
2 Stories
Zip Code:
55901
Subdivision Name:
Mosse Resub
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,580 ft2
Living Area:
1,580 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
1
Garage Size:
210 ft2
Foundation Size:
860 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.073
Geolocation:
44.025581, -92.474205
Lot Dimensions:
42 x 75
Schools
School District:
1929
District Phone:
5073283000
Elementary School:
Harriet Bishop
Middle School:
John Adams
High School:
John Marshall
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$5,614
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,347
Annual Maintenance Expense:
$1,535
Annual Trash Expense:
$320
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,990
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,990
Income
Annual Gross Income:
$21,080
Rent
Annual Net Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Rochester Public Utilities
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started 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.