Property Listing
Description
Completely remodeled from top to bottom, this turnkey 4-plex is an outstanding investment opportunity in the heart of Rochester! Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer searching for a low-maintenance income property, this one checks all the boxes. Every major component has been updated with quality and longevity in mind, including new plumbing, electrical, boiler system, water heater, kitchens, bathrooms, and much more. All renovations were completed with the proper permits and have received occupancy approval from the City, giving buyers added confidence and peace of mind. The property features four fully occupied 2-bedroom, 1-bath units, each thoughtfully designed with its own in-unit laundry. Every apartment is served by efficient boiler heat while also offering the comfort and flexibility of an individual mini-split system with both air conditioning and heat pump functionality. Electric is individually metered, making utility management simple and efficient. Located just minutes from everything Rochester has to offer—including world-class healthcare, dining, shopping, entertainment, parks, and major employers—this property combines a prime location with extensive improvements and reliable rental income. Opportunities to purchase a fully renovated, fully occupied multifamily property of this caliber are few and far between. Schedule your showing today and see why this investment stands out from the rest!
Property Information
Status: Active
Sub Type: ********
List Price: $649,900
MLS#: 7101999
Current Price: $649,900
Address: 317 14th Street SW, Rochester, MN 55902
City: Rochester
State: MN
Postal Code: 55902
Geo Lat: 44.003772
Geo Lon: -92.467798
Subdivision: Graham Add - Torrens
County: Olmsted
Property Description
Year Built: 1962
Lot Size SqFt: 8276.4
Gen Tax: 6636
Specials Inst: 0
High School: Rochester
Square Ft. Source:
Above Grade Finished Area: ********
Below Grade Finished Area: ********
Below Grade Unfinished Area:
Total SqFt.: 3344
Style: ********
Total Bedrooms: 8
Total Bathrooms: 4
Total Full Baths: ********
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building, Land, Rental License
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: