$212,850

1212 7th Ave SE

Rochester MN, 55904

Description

Interested in accumulating wealth in rental properties, just starting to invest or finding an affordable way to expand your investment portfolio, this 3-plex will be Great for your cash flow bottom line!! Main floor unit has 3 br/1ba, kitchen, family room & living room! Main floor shared laundry for all units. The two upper level units have a separate entrance on the backside of the building. All units have previously been section 8 approved. Two newer water heaters & 2 furnaces. Main floor unit controls heat for entire triplex. There are 3 electric meters. Oversized 3 car garage with steel roof. New roof on front and less than 8 years on the remainder of the roofing for the building. Convenient location, close to shopping, restaurants & main highways. Great Investment Opportunity!

Details

MLS#5295657
Sub-TypeResale
StatusActive
Year1945
Days On Site50

Features

SQ Feet2,640
Units3
Building(s)1

Market Activity 55904

Loading Form

Loading Form

Area Information

StateMN
CountyOlmsted
CityRochester
Zip Code55904
AreaRochester (MN)
Listing VS Median (in 55904)
Price:
$212,850
low | high
Med:
$215,000
48.989898989899% of Average
SqFt:
2,640
low | high
Med:
1,962
75.681818181818% of Average
$ / SqFt:
$81
low | high
Med:
$110
14.084267753992% of Average
On Site:
50
low | high
Med:
57
87.719298245614% of Average
Listing Updated: 11/13/2019
MLS Number: 5295657
Listing Provided By:
Amy Lantz  of  Realty Executives Top Results
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

© 2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.