Fantastic opportunity to be a first time investor or a seasoned investor adding to your portfolio in the residential rental business. This up down duplex is walking distance to downtown. The features are garage parking for $50 per month, outside parking is included, separate electric services or meter, shared laundry in the basement, grass lawn back yard to relax in. Utility fee is include in monthly rent for lower unit of $ 1150 per month and $900 for upper unit. The units are being re-certified for another 3 years by owners. Owner will consider owner finance to qualified buyer with an interest rate substantially below market rate.
Great investment opportunity! Whether you are just starting your portfolio, looking to owner occupy a duplex, or growing your existing portfolio, this one is a must see! 2 two bedroom, 1 bath duplex with off street parking to add to the revenue stream with its proximity to Saint Marys and Mayo Clinic.
The median home value in Rochester, MN is $291,900. This is lower than the county median home value of $292,300. The national median home value is $338,100. The average price of homes sold in Rochester, MN is $291,900. Approximately 62.22% of Rochester homes are owned, compared to 32.17% rented, while 5.61% are vacant. Rochester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rochester real estate agent to arrange a tour today!
Rochester, Minnesota 55901 has a population of 119,732. Rochester 55901 is less family-centric than the surrounding county with 33.81% of the households containing married families with children. The county average for households married with children is 34.43%.
The median household income in Rochester, Minnesota 55901 is $79,159. The median household income for the surrounding county is $84,656 compared to the national median of $69,021. The median age of people living in Rochester 55901 is 36.1 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 4.8 degrees. The average rainfall is approximately 33.9 inches per year, with 48.1 inches of snow per year.