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For Sale:  Rochester MLS# 7106679

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Active NEW!
$550,000
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1914
2,031 sqft • 0.241 acres
Rochester schools
MLS# 7106679
763-576-8286
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    Property Description

    One of kind triplex which has been meticulously maintained. You must see it to appreciate it and there is a lot to see! With four levels and a lovely landscaped backyard with a private in ground heated pool and a low maintenance yard. Two decks, three porches, large patio around the pool. The owner has lived in the basement unit. This unit could be finished, inspected and add to the rent roll. Two car garage and 2 parking places by the garage and one to two more places in back. Lots of recent upgrades. This has been a easy place to rent and has commanded high rents along with renters paying for their own utilities. So much potential for a creative owner. Look in supplements for more information and descriptions.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Price per sq ft: $271
    Property Type: Multi-family
    City: Rochester
    Garage Spaces: 2
    County: Olmsted
    Year Built: 1914
    State: MN
    Property Style: Triplex
    Zip Code: 55902
    Subdivision Name: Knollwood Acres

    Interior

    Bedrooms: 4
    Bathrooms: 3
    Finished Area: 2,031 ft2
    Living Area: 2,031 ft2
    Refrigerators: Three
    Basement Details:
    • Block
    • Full
    • Kitchenette
    • Owner Access
    • Storage Space
    • Unfinished
    • Walkout

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 484 ft2
    Foundation Size: 912 ft2
    Fencing: Privacy
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Garage Door Opener
    Shared Amenities:
    • Deck
    • Laundry
    • Patio
    Road Frontage: City Street
    Exterior Material: Frame
    Pool:
    • Below Ground
    • Heated
    • Outdoor
    • Shared
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry: Common Area

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.241
    Geolocation: 43.991185, -92.463173
    Lot Dimensions: 70 x 150

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Ben Franklin
    Middle School: Willow Creek
    High School: Mayo

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,000
    Annual Fuel Expense: $400
    Annual Insurance Expense: $2,062
    Annual Maintenance Expense: $2,062
    Annual Trash Expense: $425
    Annual Water/Sewer Expense: $200
    Tenant Expenses: Electricity, Fuel, Heat, Sewer, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,530
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,530

    Income

    Annual Gross Income: $35,400

    Rent

    Annual Net Income: $28,751

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Rochester Public Utilities

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Real Estate Directory.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.