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714 Broadway Avenue N Rochester, MN $ 349,900
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$ 349,900 Get more info
714 Broadway Avenue N
$ 349,900
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714 Broadway Avenue N

Rochester, MN, 55906
$ 349,900
Bedrooms5 Baths3.0 Sq 1,920

Monthly Estimate*

$ 2,326

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Multi-Family Home for sale in Rochester, MN

for $349,900 with 5 bedrooms and 3 full baths. This 1,920 square foot home was built in 1900 on a lot size of 0.13.

Updated duplex with a 3 bed 1 bath unit and 2 bed 1 bath unit. Kitchens, bathrooms, flooring, paint and fixtures have all been updated! This unit has been a cash cow as a nightly rental property and has bookings in place currently which the new buyer can take advantage of. Walking distance to Mayo Clinic, restaurants, & convenient stores. Silver Lake walking paths and green spaces a few blocks away. Walking distance to May field where the Northwoods League; Rochester Honkers baseball team plays. Perfect opportunity for the next investor to cash flow right away.

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Multi-Family Pending

Price

$ 349,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,508

Style

Duplex Up and Down

Lot Size

0.13

Year Built

1900

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6531607
Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Roof Asphalt Pitched
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1900
Electric Circuit Breakers
Levels Two
Property SubType Duplex Up and Down
Tax Year 2024
Gross Income 29950
Accessibility None
County Olmsted
Operating Expense 15000
Insurance Expense 2500
New Construction N
Property Type Residential Income
Association Amenities Coin-op Laundry Owned
Contingency None
Directions At the intersection of Broadway Ave N and 7th St NE
High School Mayo
City Rochester
Buyer Agent Compensation 0.00
High School District Rochester
Zoning Description Residential-Multi-Family
Total Units 2
Street Name Broadway
Elementary School Sunset Terrace
Land Lease Y/N N
Tax Annual Amount 2508
Electric Expense 1500
Fuel Expense 1500
Middle/Junior High School Willow Creek
Trash Expense 750
Water Sewer Expense 1000
Additional Parcels Y/N N
Days on Market 7
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 1920
Street Suffix Avenue
Below Grade Finished Area 0
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Fencing Partial Privacy Wood
Parking Features On-Street Parking Only
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.13
Lot Dimensions 131x43
Lot Size Units Acres
Foundation Area 960
Road Frontage Type City Street Curbs Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 714
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* Excluded Features
List By
Coldwell Banker Realty

Broker

greg@gwgrealty.com

Email

Affordability Calculator

$2,535
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,326
Monthly Property Taxes
$209
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3065261 Elementary School
3065243 Middle School
Mayo High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2024$349,900 Listed Price

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714 Broadway Avenue N, Rochester, MN, 55906 is a Multi-Family Home for sale at $349,900 with 1,920 sqft and a lot size of 0.13. 714 Broadway Avenue N has 5 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 55906 which is in Rochester, MN

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