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$369,000

5 Beds 2 Baths 2,250 SQFT 0.12 Acres

Type: Multi-Family

403 8 1/2 Avenue NW
Rochester, MN 55901

MLS#: 7072069

Tiffany Grzanek

The Real Estate Advantage

Realtor

Phone: 507.951.5534

Office: 651.272.4688

Visit Website

Presented by: Edina Realty Rochester

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.

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area1,146 sqft

BasementBlock, Daylight/Lookout Windows, Finished, Full, Sump Basket, Sump Pump

Basement (Y/N)Yes

Below Grade Finished Area1,104 sqft

FuelNatural Gas

Garage Square Feet528

Laundry FeaturesCommon Area, Gas Dryer Hookup, Lower Level, Laundry Room, Washer Hookup

General

AccessibilityNone

Additional Parcels Y/NNo

Association AmenitiesLaundry

CityRochester

Construction MaterialsFrame

ContingencyNone

CountyOlmsted

DirectionsHeading east from Hwy 52 onto Civic Center Dr NW head south (right) on 9th Ave NW to 8 1/2 Ave NW, property is on the corner of 8 1/2 Ave and 9th Ave NW.

ElectricCircuit Breakers

Electric Expense0

Elementary SchoolHarriet Bishop

Fuel Expense1000

Garage Spaces2

Gross Income30800

HeatingBaseboard, Boiler, Hot Water

High SchoolJohn Marshall

High School DistrictRochester

Insurance Expense1851

Land Lease Y/NNo

Lender OwnedNo

LevelsSplit Entry (Bi-Level)

Living Area2,250 sqft

Lot Size UnitsAcres

MaintenanceExpense1500

Middle/Junior High SchoolJohn Adams

Net Operating Income22377

New ConstructionNo

Number Of Units Total2

Operating Expense7923

OwnerPaysGas, Trash Collection

PostalCityRochester

Property SubtypeDuplex Up and Down

Property TypeResidential Income

RoofAge 8 Years or Less, Asphalt

SewerCity Sewer/Connected

Standard StatusActive

Subdivision NameKreters Rep

Tax Annual Amount$5,458

Tax Year2026

Tenant PaysCable TV, Electricity, Sewer, Water

TopographyLevel

Trash Expense360

Water Sewer Expense0

Year Built1968

Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,252 sqft

FencingPartial, Privacy

Foundation Area1,146 sqft

Lot Dimensions60x90

Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light, Underground Utilities

Lot Size Area0 sqft

Parking FeaturesDetached Garage, Concrete, Garage Door Opener

Road Frontage TypeCity Street, Curbs, Paved Streets

Road ResponsibilityPublic Maintained Road

Water SourceCity Water/Connected

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Harriet Bishop Elementary School

Middle School John Adams Middle School

High School John Marshall High School

Similar Properties

$369,000

5 Beds 2 Baths 2,250 SQFT 0.12 Acres

Type: Multi-Family

403 8 1/2 Avenue NW
Rochester, MN 55901

MLS#: 7072069

Tiffany Grzanek

The Real Estate Advantage

Realtor

Phone: 507.951.5534

Office: 651.272.4688

Visit Website

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$369,000

403 8 1/2 Avenue NW
Rochester, MN 55901

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$369,000

403 8 1/2 Avenue NW
Rochester, MN 55901

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$369,000

403 8 1/2 Avenue NWRochester, MN 55901

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$369,000

403 8 1/2 Avenue NWRochester, MN 55901

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403 8 1/2 Avenue NW
Rochester, MN 55901

403 8 1/2 Avenue NW
Rochester, MN 55901