718 Broadway Avenue N Rochester, MN ^$ 424,900

718 Broadway Avenue N

^$ 424,900

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718 Broadway Avenue N

Rochester, MN, 55906

^$ 424,900

Bedrooms4 Baths4.0 Sq 1,856

Monthly Estimate*

^$ 2,824

718 Broadway Avenue N, Rochester, MN 55906 - Image 1

718 Broadway Avenue N, Rochester, MN 55906 - Image 2

718 Broadway Avenue N, Rochester, MN 55906 - Image 3

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718 Broadway Avenue N, Rochester, MN 55906 - Image 8

Multi-Family Home for sale in Rochester, MN

for $424,900 with 4 bedrooms and 4 full baths. This 1,856 square foot home was built in 1899 on a lot size of 0.11.

Updated property primed up for furnished nightly rental income! Walking distance to Mayo Clinic, restaurants, restaurants, and shopping. Silver Lake park and trails right around the corner. Can be sold as a package with 2 other properties in town!

Multi-Family Pending

Price

^$ 424,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,854

Style

Quadruplex

Lot Size

0.11

Year Built

1899

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6531615

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Roof Asphalt Pitched

Garage Spaces 0

Construction Materials Vinyl Siding

Year Built 1899

Electric Circuit Breakers

Levels Two

Property SubType Quadruplex

Tax Year 2023

Gross Income 65076

Accessibility None

County Olmsted

Operating Expense 32000

Insurance Expense 2500

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Northern Add

Directions SE on US-52 S. Take exit 56A merge onto Civic Center Dr NW. Turn left onto N Broawdway Ave to the property on the right.

High School John Marshall

City Rochester

Buyer Agent Compensation 0.00

High School District Rochester

Zoning Description Residential-Multi-Family

Total Units 4

Street Name Broadway

Elementary School Washington

Land Lease Y/N N

Tax Annual Amount 3854

Electric Expense 1500

Fuel Expense 1500

Middle/Junior High School John Adams

Trash Expense 3500

Water Sewer Expense 2000

Additional Parcels Y/N N

Days on Market 7

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Unfinished

Basement (Y/N) Y

Above Grade Finished Area 1856

Street Suffix Avenue

Below Grade Finished Area 0

Fuel Natural Gas

Exterior

Fencing None

Lot Features Public Transit (w/in 6 blks)

Water Source City Water/Connected

Lot Size Area 0.11

Lot Dimensions 90x45

Lot Size Units Acres

Foundation Area 928

Road Frontage Type City Street Curbs Sidewalks

Internal Only

Street Number 1 718

* Excluded Features

List By

Coldwell Banker Realty

Broker

greg@gwgrealty.com

Affordability Calculator

$3,145

Per Month

Monthly Principal & Interest: $2,824
Monthly Property Taxes: $321
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Multi-family listings in Rochester, MN

Average List Price ^$339,700

Percent of Sale Price 20%

About Rochester, MN

116,656 Population

27% Since 2002

^$66,956 Median Income

38.05 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4633449 Elementary School

3065241 Middle School

John Marshall High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$424,900	-5.56%	Price Down
5/8/2024	$449,900		Listed Price

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718 Broadway Avenue N, Rochester, MN, 55906 is a Multi-Family Home for sale at $424,900 with 1,856 sqft and a lot size of 0.11. 718 Broadway Avenue N has 4 bedrooms, 4.0 baths, and was built in 1899. The property's zip code is 55906 which is in Rochester, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/30/2024.

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718 Broadway Avenue N

Multi-Family Home for sale in Rochester, MN

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