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$225,000

6 Beds 4 Baths 3,688 SQFT 0.36 Acres
Type: Multi-Family

232 E Broadway Street
Rockville, MN 56369

MLS#: 7115818
Justen Vos
Justen Vos
The Real Estate Advantage
Realtor-REMAX
Phone: 952.221.5699
Office: 952.226.7700
Presented by: Edina Realty, Inc

Property Description

 

Excellent investment opportunity! This four-unit rental property features two upper-level and two lower-level apartments, all currently occupied, providing immediate rental income. Two of the units have long-term tenants who have rented for over 10 years, offering added stability. Situated on a desirable corner lot, the property includes a detached two-car garage that is also rented for additional income. Ample off-street parking provides convenience for tenants, making this an attractive investment with strong income potential.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area3,688 sqft
BasementBlock, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelElectric, Natural Gas
Garage Dimensions12.5x32
Garage Square Feet384
Laundry FeaturesNone

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesNone
CityRockville
ContingencyNone
CountyStearns
DirectionsHwy 23 W to West on Broadway St.
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income29220
HeatingForced Air
High School DistrictRocori
Insurance Expense4224
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3,688 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income21396
New ConstructionNo
Number Of Units Total4
Operating Expense7824
OwnerPaysInsurance, Grounds Care, Sewer, Snow Removal, Trash Collection
PostalCityRockville
Property SubtypeFourplex
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameTownsite Of Rockville
Tax Annual Amount$1,932
Tax Year2025
Tenant PaysCable TV, Electricity, Gas, Heat
TopographyLevel
Trash Expense600
Water Sewer Expense3000
Year Built1908
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,386 sqft
FencingNone
Foundation Area1,985 sqft
Lot Dimensions120x132
Lot FeaturesCorner Lot, Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesDetached Garage
Road Frontage TypePaved Streets, Township
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$225,000

6 Beds 4 Baths 3,688 SQFT 0.36 Acres
Type: Multi-Family

232 E Broadway Street
Rockville, MN 56369

MLS#: 7115818
Justen Vos
Justen Vos
The Real Estate Advantage
Realtor-REMAX
Phone: 952.221.5699
Office: 952.226.7700