New ListingLocated 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.
| MLS # | 7158292 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 4 |
| Listing Provided By | eXp Realty | Mike Swenson |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,520 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.21 |
| Heating | Baseboard |
|---|
| Parking Features | Detached Garage |
|---|
| Property | 6460 |
|---|
| State | MN |
|---|---|
| County | Olmsted |
| City | Rochester |
| Zip Code | 55904 |
| Community Name | Meadow Park Resub B Torrens |
| School District | 535 |
| Elementary School | Ben Franklin |
| High School | Rochester |
| Listing VS Median (in Meadow Park Resub B Torrens) | |
Price: $500,000 low | high Med: $500,000 sqft: 3,520 low | high Med: 3,520 $ / sqft: $142 low | high Med: $142 On site: 4 low | high Med: 4 | |
| State | MN |
|---|---|
| County | Olmsted |
| City | Rochester |
| Zip Code | 55904 |
| Community Name | Meadow Park Resub B Torrens |
| School District | 535 |
| Elementary School | Ben Franklin |
| High School | Rochester |
| Listing VS Median (in Meadow Park Resub B Torrens) | |
Price: $500,000 low | high Med: $500,000 sqft: 3,520 low | high Med: 3,520 $ / sqft: $142 low | high Med: $142 On site: 4 low | high Med: 4 | |