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Pending
$2,500,000
/mo   Edit
Commercial:  Apartments
Built 1966
0.94 acres
Rochester schools
MLS# 6013937
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    Description:   After 40 years with the same owner this apartment is available for the next owner. Carefully maintained and managed this offering is for four 8 plex buildings totaling 25, 928 SQ FT on 4 lots totaling 40, 840 SQ. Ft. There are 28 2 bedroom units and four 1 bedroom units. Each building has coin-op laundry. Currently 100% rented with 3 turnovers due the end of June.
    List Price: $2,500,000
    Property Type: Commercial
    Listing Status: Pending
    Contingency: None
    Property Style: Apartments
    Year Built: 1966
    City: Rochester
    County: Olmsted
    State: MN
    Zip Code: 55901

    Interior

    Building Fin Sq Ft: 25,000 sqft
    Total Ranges: Six or More, One Per Unit
    Total Refrigerators: One Per Unit

    Exterior

    Air Conditioning: Wall Unit(s)
    Heating System: Hot Water
    Foundation Size: 12,994 sqft
    Shared Amenities: Coin-op Laundry Owned
    Handicap Accessible: None
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 38
    Roof Details: Flat

    Lot

    Acres: 0.94
    Lot Description: Corner Lot, Public Transit (w/in 6 blks)
    Latitude: 44.03568201
    Longitude: -92.46617799
    Lot Size Dim.: 40840
    Dev/Complex Name: Winslows Rep
    Zoning: Residential-Multi-Family

    Schools

    School District: 535
    District Phone: 507-328-3000

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $9,754
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,754

    Unit

    Total Units: 32

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jeff
    Zajac
    Truestone
    Justin Larson
    Loan Officer
    Movement Mortgage
    NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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