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For Sale:  Rochester MLS# 7072069

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Active NEW!
$375,000
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 2 ba • Built 1968
2,250 sqft • 0.12 acres
Rochester schools
MLS# 7072069
763-576-8286
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    Property Description

    Location excels in this duplex income producing property. Upper level - 3 bedrooms, full bath, spacious living room with wood plank floors, dining room, kitchen and wrap around deck. Lower level features - 2 bedrooms, full bath, new flooring, plank flooring, patio, drain tiled and sump pump. Each unit has separate utility meters for electric. Community laundry area in lower level, tenants share usage. Roof 4 years old. Owner pays gas and rubbish.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $375,000
    Price per sq ft: $167
    Property Type: Multi-family
    City: Rochester
    Garage Spaces: 2
    County: Olmsted
    Year Built: 1968
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55901
    Subdivision Name: Kreters Rep

    Interior

    Bedrooms: 5
    Bathrooms: 2
    Finished Area: 2,250 ft2
    Living Area: 2,250 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished
    • Full
    • Sump Basket
    • Sump Pump

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Size: 528 ft2
    Foundation Size: 1,146 ft2
    Fencing: Partial, Privacy
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    Parking Features:
    • Concrete
    • Detached Garage
    • Garage Door Opener
    Shared Amenities: Laundry
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material: Frame
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry:
    • Common Area
    • Gas Dryer Hookup
    • Laundry Room
    • Lower Level
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 44.0272384547, -92.4762744491
    Lot Dimensions: 60 x 90
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light
    • Underground Utilities

    Farm

    Topography: Level

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Harriet Bishop
    Middle School: John Adams
    High School: John Marshall

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,000
    Annual Insurance Expense: $1,851
    Annual Maintenance Expense: $1,500
    Annual Trash Expense: $360
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Sewer, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,458
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,458

    Income

    Annual Gross Income: $30,800

    Rent

    Annual Net Income: $22,377

    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

    Mortgage Calculator

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    Payment:  /mo

    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.