Property Listing
Description
Excellent opportunity to own a fully occupied 5-unit multifamily property in a growing area with strong rental demand and long-term upside potential. This income-producing asset has a proven history of full occupancy and consistent cash flow, making it an attractive option for both seasoned investors and those looking to expand their portfolio. With rents continuing to rise in the area, there is additional opportunity for increased returns over time. The property offers a solid investment foundation with stable tenants already in place and immediate income from day one. Conveniently located near area amenities, employment opportunities, and continued community growth, this is a great chance to secure a turnkey multifamily investment in an expanding market.
Property Information
Status: Active
Sub Type: ********
List Price: $450,000
MLS#: 7071109
Current Price: $450,000
Address: 123 11th Avenue SE, Rochester, MN 55904
City: Rochester
State: MN
Postal Code: 55904
Geo Lat: 44.021768
Geo Lon: -92.449181
Subdivision: City Lands
County: Olmsted
Property Description
Year Built: 1910
Lot Size SqFt: 11325.6
Gen Tax: 5138
Specials Inst: 0
High School: Rochester
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Total SqFt.: ********
Style: ********
Total Bedrooms: 7
Total Bathrooms: 5
Total Full Baths: ********
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Garage Stalls: 0
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