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$975,000

14 Beds 8 Baths 7,040 SQFT 0.43 Acres
Type: Commercial

1341 + 1347 6th Avenue SE
Rochester, MN 55904

MLS#: 7158331
Octavio Cortes
Octavio Cortes
The Real Estate Advantage
Realtor
Phone: 507.269.3787
Office: 651.272.4688
Presented by: eXp Realty

Property Description

 

Located in a convenient area of Rochester with close proximity to downtown, these 2 four-unit multifamily properties offer an excellent opportunity for investors seeking established rental income. Each of the 4 unit buildings feature 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, these properties offer an established investment with existing tenants and income in place. These 2 4 unit properties next door to each other provide investors an opportunity to acquire two adjacent multifamily properties in a desirable Rochester location.


 

Interior Features

Bedrooms

Total Bedrooms14

Bathrooms

Total Baths8

Other Interior Features

Basement (Y/N)No
FuelElectric, Natural Gas
Garage Dimensions20'x40'
Garage Square Feet1600

General

AccessibilityNone
Additional Parcels Y/NNo
CityRochester
ContingencyNone
CountyOlmsted
Current UseResidential
Directions63 South to 12th St SE (east) to 6th St SE (south)
Electric Expense0
Fuel Expense0
Garage Spaces8
Gross Income108600
HeatingBaseboard
High School DistrictRochester
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income0
New ConstructionNo
Number Of Units Total8
Operating Expense0
PostalCityRochester
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMeadow Park Resub B-Torrens
Tax Annual Amount$6,460
Tax Year2026
Trash Expense0
UtilitiesElectric Separate, Heating Separate
Water Sewer Expense0
Year Built1968
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total7,040 sqft
Foundation Area1,760 sqft
InclusionsBuilding
Lot Dimensions130x154x130x147
Lot Size Area0 sqft
Parking FeaturesShared Garage/Stall
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$975,000

14 Beds 8 Baths 7,040 SQFT 0.43 Acres
Type: Commercial

1341 + 1347 6th Avenue SE
Rochester, MN 55904

MLS#: 7158331
Octavio Cortes
Octavio Cortes
The Real Estate Advantage
Realtor
Phone: 507.269.3787
Office: 651.272.4688