Property Listing
Description
Excellent investment opportunity! This turn-key, fully occupied four-plex in NW Rochester generates reliable income with long-term tenants already in place. The property boasts a durable metal roof and a low-maintenance vinyl exterior with brick accents. The unit mix includes three 2BR/1BA units and one 1BR/1BA unit—all currently leased. Landlord operations are streamlined with a shared gas-boiler heating system and tenant-paid electric, plus coin-operated common laundry for bonus income. With most units on month-to-month leases, the new owner has immediate upside to adjust rents to market rates. Capitalize on strong Rochester rental demand and add this solid performer to your portfolio!
Property Information
Status: Active
Sub Type: ********
List Price: $460,000
MLS#: 7106188
Current Price: $460,000
Address: 1509 14th Street NW, Rochester, MN 55901
City: Rochester
State: MN
Postal Code: 55901
Geo Lat: 44.036352
Geo Lon: -92.484353
Subdivision: Bielenberg & Giese 3rd
County: Olmsted
Property Description
Year Built: 1964
Lot Size SqFt: 6969.6
Gen Tax: 6394
Specials Inst: 0
High School: Rochester
Square Ft. Source:
Above Grade Finished Area: 1645
Below Grade Finished Area: 1645
Below Grade Unfinished Area:
Total SqFt.: 3290
Style: Array
Total Bedrooms: 7
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: