For Sale: Rochester MLS# 7006786
Active Contingent
$459,900
Multi-family: 1 Story
4 br • 3 ba • Built 1963
2,824 sqft • 0.21 acres
MLS# 7006786
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Property Description
Side-by-side duplex rambler in a great NE residential neighborhood having over 4032 ft.²Each unit has over 2008 ft.². Located just a block from Silver Lake park and close to downtown. Owner pays only taxes and insurance. (currently takes care of snow and lawn). Completely separate utilities and addresses, this place is in great condition with lots of pride in ownership and move-in ready. 421 has a huge detached 884 ft.² gar, and 1507 has an attached 288 ft.² gar. This would make a great owner occupant, or investor property currently both sides are vacant and ready for a new owner. 421 should rent for approximately $1900 – $2100, and 1507: $1, 850 - $2, 050.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$459,900
Price per sq ft:
$163
Property Type:
Multi-family
City:
Rochester
Garage Spaces:
3
County:
Olmsted
Year Built:
1963
State:
MN
Property Style:
1 Story
Zip Code:
55906
Subdivision Name:
Leitzens 5th Sub
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
2,824 ft2
Living Area:
2,824 ft2
Basement Details:
- Block
- Full
- Partially Finished
Exterior
Stories:
One
Garage Spaces:
3
Garage Dimensions:
26x34, 12x24
Garage Size:
1,172 ft2
Foundation Size:
2,016 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Shared Amenities:
None
Lot & Land
Acres:
0.21
Geolocation:
44.037178, -92.456066
Lot Dimensions:
70 x 134
Zoning:
Residential-Multi-Family
Schools
School District:
1929
District Phone:
5073283000
Elementary School:
Jefferson
Middle School:
Kellogg
High School:
Century
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,798
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,798
Income
Annual Gross Income:
$45,000
Rent
Annual Net Income:
$37,202
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.
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Listing provided by RMLS,
courtesy of Progressive 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.