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For Sale:  Rochester MLS# 6762839

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Active
$274,900
/mo Edit
Multi-family:  Triplex
Built 1936
2,039 sqft • 0.17 acres
Rochester schools
MLS# 6762839
763-576-8286
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    Property Description

    Great opportunity to become a real estate investor: triplex with one bedroom units conveniently located in the heart of the city with all apartments rented. Well maintained property with current rental certificate. Detached 3 car garage-one for each tenant plus off-street guest parking. On-site coin operated washer/dryer. Each unit has its own electric meter but owner pays for heat, sewer/water, trash, and repairs.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $274,900
    Price per sq ft: $135
    Property Type: Multi-family
    City: Rochester
    Garage Spaces: 3
    County: Olmsted
    Year Built: 1936
    State: MN
    Property Style: Triplex
    Zip Code: 55906
    Subdivision Name: Stebbins Add

    Interior

    Finished Area: 2,039 ft2
    Living Area: 2,039 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Full
    • Shared Access
    • Single Tenant Access

    Exterior

    Stories: One
    Garage Spaces: 3
    Garage Dimensions: 40 x 20
    Garage Size: 800 ft2
    Foundation Size: 1,386 ft2
    Foundation Dimensions: 33x 42
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Asphalt
    • Assigned
    • Detached
    • Guest Parking
    • Paved
    • Shared Garage/Stall
    Shared Amenities:
    • Coin-op Laundry Owned
    • Laundry
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details:
    • Asphalt
    • Flat

    Lot & Land

    Acres: 0.17
    Geolocation: 44.0242434291, -92.4458154964
    Lot Dimensions: 50 x 145
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,680
    Annual Fuel Expense: $1,800
    Annual Insurance Expense: $1,500
    Annual Maintenance Expense: None
    Annual Gross Expense: $9,780
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,654
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,654

    Income

    Annual Gross Income: $29,280

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

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