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Active NEW!
$299,900
/mo Edit
Multi-family:  Duplex Up and Down
3 br • 3 ba • Built 1915
1,792 sqft • 0.154 acres
Rochester schools
MLS# 7073583
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    Property Description

    Come see this beautifully updated up/down duplex in a wonderful neighborhood, just a short walk from all the amenities Downtown Rochester has to offer! The main-level apartment features a 2-bedroom, 1-bath layout, a full unfinished basement with loads of storage space, and in-unit laundry. The upper-level apartment offers a 1-bedroom, 1-bath layout with an open floor plan and private laundry. Both units include one garage stall and off-street parking. ///////////////////// The main-level resident has lived in the home for years and would love to stay long-term, while the upper unit is currently vacant and ready for an owner-occupant or a new tenant to provide additional cash flow. Perfectly located within walking distance of Mayo Clinic, Mayo Field, Riverfest, downtown activities, and river walking paths--this duplex is a must-see!

    Listing

    Contingency: None
    Price per sq ft: $167
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55904
    Subdivision Name: City Lands

    Interior

    Living Area: 1,792 ft2
    Refrigerators: Two
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 741 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.154
    Geolocation: 44.022217, -92.451097
    Lot Dimensions: 52 x 132
    Zoning: Residential-Multi-Family

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Riverside Central
    Middle School: Kellogg
    High School: Century

    Expenses

    Annual Caretaker Expense: $2,400
    Annual Electric Expense: $1,200
    Annual Fuel Expense: $1,000
    Annual Insurance Expense: None
    Annual Maintenance Expense: $500
    Annual Trash Expense: $400
    Annual Water/Sewer Expense: $1,000
    Tenant Expenses: Broadband, Cable TV, Telephone

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,167
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,167

    Income

    Annual Gross Income: $24,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    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

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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!

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