For Sale: Rochester MLS# 7019919
Active
NEW!
$299,900
Multi-family: Triplex
3 br • 3 ba • Built 1910
1,567 sqft • 0.055 acres
MLS# 7019919
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Property Description
Excellent triplex opportunity just minutes from downtown. All three units feature separate utilities paid by tenants, helping keep owner costs down. The property has been well maintained with a new roof and siding installed in 2023, offering peace of mind for years to come. Convenient location and strong income potential make this a must-see for investors or owner-occupants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$299,900
Price per sq ft:
$191
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
0
County:
Olmsted
Year Built:
1910
State:
MN
Property Style:
Triplex
Zip Code:
55904
Subdivision Name:
Subdivision Lt 90
Interior
Bedrooms:
3
Bathrooms:
3
Finished Area:
1,567 ft2
Living Area:
1,567 ft2
Basement Details:
Block
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
1,567 ft2
Handicap Accessible:
None
Heating System:
Radiant
Parking Features:
On-Street Parking Only
Lot & Land
Acres:
0.055
Geolocation:
44.012412, -92.453018
Lot Dimensions:
40 x 60
Zoning:
Residential-Multi-Family
Schools
School District:
1929
District Phone:
5073283000
Elementary School:
Riverside Central
Middle School:
Willow Creek
High School:
Mayo
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,194
Annual Maintenance Expense:
$500
Annual Trash Expense:
$772
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,572
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,572
Income
Annual Gross Income:
$32,400
Rent
Annual Net Income:
$24,862
Units
Total Units:
3
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!
Listing provided by RMLS,
courtesy of Loam Commercial Real Estate.
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.