Additional details

Chuck Scott

chuck@mndreamteam.com +1(763) 913-4589

$500,000

Est. payment - /mo

7 Beds

4 Baths

3,520 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $142

Subdivision Meadow Park Resub B-Torrens

MLS Listing ID 7158292

Bedrooms 7

Year Built 1968

Annual Tax Amount $6,460

Tax Year 2026

Contingent None

Lot Size 9,060 Sqft

Lot Dimensions 130'x70'

Property Sub-Type Fourplex

Property Description

Located in a convenient area of Rochester with close proximity to downtown, this four-unit multifamily property offers an excellent opportunity for investors seeking established rental income. The property features three two-bedroom units and one one-bedroom unit, along with an on-site laundry room and a detached garage providing one parking stall for each unit. With 100% occupancy and a strong rental history, this property offers an established investment with existing tenants and income in place. The property next door 1347 6th Ave SE (MLS 7158315) is also listed for sale, providing investors an opportunity to acquire two adjacent multifamily properties in a desirable Rochester location.

Location

State MN

County Olmsted

Rooms

Basement Full

Interior

Heating Baseboard

Fireplace No

Laundry Common Area

Exterior

Parking Features Detached Garage

Garage Spaces 4.0

Building

Story Two

Foundation 1760

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

Elementary Schools Ben Franklin

Middle Schools Willow Creek

High Schools Mayo

School District Rochester

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Listed by Mike Swenson • eXp Realty

Nearby School & Business

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Chuck Scott

+1(763) 913-4589

Agent

1341 6th AVE SE Rochester, MN 55904

Chuck Scott

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

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