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Active NEW!
$309,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1915
1,764 sqft • 0.23 acres
Rochester schools
MLS# 6729992
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    Property Description

    Whether you're looking for a profitable investment, a long-term rental, or an AirBnb opportunity, this property checks all the boxes. Discover the perfect blend of comfort and convenience with this spacious Up/Down Duplex nestled in a quiet Northeast neighborhood. The main floor offers a 2-bedroom, 2-bathroom layout, while the upper unit features 2 bedrooms and 1 bathroom, providing flexibility for various living arrangements. Both units boast newer vinyl siding and replacement windows, ensuring durability and energy efficiency. Modern updates, including a newer boiler and updated electrical system, add peace of mind and reliability. The upper unit shines with sleek stainless steel appliances and a newer washer and dryer in the lower level laundry. Don’t miss out on a versatile property with everything you need for ease, comfort, and income potential!

    Listing

    Contingency: None
    Price per sq ft: $176
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55906
    Subdivision Name: Miners Heights 6th Add-Torrens

    Interior

    Living Area: 1,764 ft2
    Ranges: One Per Unit, Two
    Refrigerators: One Per Unit, Two
    Basement Details:
    • Block
    • Crawl Space
    • Full
    • Single Tenant Access
    • Storage Space
    • Unfinished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 14 x 30
    Garage Size: 420 ft2
    Garage Door Height: 8
    Garage Door Width: 9
    Foundation Size: 924 ft2
    Foundation Dimensions: 28 x 30
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Radiant
    Parking Features:
    • Asphalt
    • Attached Garage
    • Electric
    • Heated Garage
    • More Parking Onsite for Fee
    • Parking Lot
    • Paved
    • Storage
    • Tuckunder Garage
    Shared Amenities: Patio
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Architectural Shingle

    Lot & Land

    Acres: 0.23
    Geolocation: 44.033917, -92.439626
    Lot Dimensions: 80 x 126
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)
    • Underground Utilities

    Farm

    Topography: Gently Rolling, High Ground, Sloped, Walkout, Wooded

    Schools

    School District: 535
    District Phone: 507-328-3000
    Elementary School: Jefferson
    Middle School: Kellogg
    High School: Century

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,020
    Annual Fuel Expense: $2,250
    Annual Insurance Expense: $974
    Annual Maintenance Expense: $2,000
    Annual Gross Expense: $7,100
    Annual Trash Expense: $372
    Annual Water/Sewer Expense: $300
    Tenant Expenses: Cable TV, Electricity, Sewer, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,224
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,780

    Income

    Annual Gross Income: $31,200

    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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    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.