NOT LISTED FOR SALE
5 Beds
3 Baths
3,255 Sq Ft
7,841 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $452,500 $139 Per Sq Ft

Highlights

  • Deck
  • Lobby
  • Coin Laundry
  • Folwell Elementary School Rated A-
  • Forced Air Heating System
  • 3-minute walk to Field of Fun

About This Home

As of February 2023

Investor’s dream in Rochester’s Historic SW close to downtown and hospitals! Four units (three great living units and a heated garage/shop) with proven rental track records. Three levels of finished living space consisting of a large main floor unit with three bedrooms, a full bath, living room, dining room, kitchen, and private deck. The spacious upper level has two bedrooms, one full bath, large living and dining areas, and kitchen. The lower level is an efficiency with an eat-in kitchen, living/bedroom, and three-quarter bath. All tenants have access to the finished coin-operated laundry in the lower level. The insulated, heated, and finished garage/shop is a also a rental. Secure owner storage in the unfinished mechanical room in the basement plus there is an outdoor fenced storage area behind garage. Separate meters, newer roof and siding, newer furnaces and A/Cs, and tons of updates throughout.

Last Agent to Sell the Property

Lori Reinaldi

Re/Max Results Listed on: 02/01/2023

Re/Max Results

Last Buyer's Agent

Brandon Milde

Loam Commercial Real Estate

Loam Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 50x156
  • Few Trees

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Schools

  • Folwell Elementary School
  • John Adams Middle School
  • Mayo High School

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, water
  • The owner pays for grounds care, repairs, snow removal, taxes, trash collection
  • Assessor Parcel Number 640224009219

Community Details

Overview

  • 3 Units
  • Head & Mcmahon Add Subdivision

Amenities

  • Coin Laundry
  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Lobby Entrance
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 2336
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Stone/Rock
  • Living Area: 3255
  • Below Grade Finished Sq Ft: 919
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Basement YN: Yes
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 3
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Frame,Stone
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Open

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Lot Size: 50x156
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 7892.0800

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 640224009219
  • Tax Annual Amount: 3492
  • TaxWithAssessments: 3492.0000

Multi Family

  • TenantPays: All Utilities, Cable TV, Electricity, Gas, Water
  • ElectricExpense: 2696.91
  • FuelExpense: 1026.57
  • Number Of Refrigerators: Three

MLS Schools

  • Elementary School: Folwell
  • HighSchool: Mayo

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $452,500 +0.6% $139 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $450,000 -- $138 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6327848

NorthstarMLS

APN: 64.02.24.009219