1316 2nd Street NW Rochester, MN ^$ 399,000

1316 2nd Street NW

^$ 399,000

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1316 2nd Street NW

Rochester, MN, 55901

^$ 399,000

Bedrooms6 Baths3.0 Sq 2,867

Monthly Estimate*

^$ 2,787

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Single Family Home for sale in Rochester, MN

for $399,000 with 6 bedrooms and 3 full baths. This 2,867 square foot home was built in 1939 on a lot size of 0.17.

Don't miss this investment opportunity with additional income potential. Currently rented by the bedroom with great income, within walking distance to Mayo and Kutzky Park. This property is a landlord's dream, with strong rental demand and high occupancy rates. Secure your financial future with this asset.

Single Family Active

Price

^$ 399,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 4,310

Style

Single Family Residence

Lot Size

0.17

Year Built

1939

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6502374

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Roof Age 8 Years or Less Architecural Shingle

Appliances Dryer Microwave Range Refrigerator Washer

HOA 0

Garage Spaces 2

Construction Materials Fiber Board

Year Built 1939

Electric Circuit Breakers

Levels One and One Half

Property SubType Single Family Residence

Tax Year 2023

Accessibility None

County Olmsted

New Construction N

Property Type Residential

HOA / Comm Assn N

Contingency None

Subdivision Name Cascade Manor

Directions From Hwy 14 turn into Civic Center Dr NW turn right onto 16th Ave NW then turn left onto 2nd St NW.

High School John Marshall

City Rochester

Buyer Agent Compensation 2.25

High School District Rochester

Zoning Description Residential-Single Family

Lot Size Square Feet 7492.32

Street Name 2nd

Elementary School Elton Hills

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 4310

Middle/Junior High School John Adams

Additional Parcels Y/N N

Days on Market 5

Standard Status Active

Lender Owned No

Amenities Unit Hardwood Floors Kitchen Window Main Floor Primary Bedroom

Buyer Agent Compensation Type %

Interior

Basement Block Egress Window(s) Finished Partially Finished

Total Fireplaces 0

Basement (Y/N) Y

Fireplace Y/N N

Above Grade Finished Area 2124

Full Baths 1

Half Baths 0

1/4 Baths 0

3/4 Baths 2

Street Suffix Street

Total Bedrooms 6

Below Grade Finished Area 743

Room Type Bedroom 1 Bedroom 2 Bedroom 3 Bathroom Kitchen Foyer Bedroom 4 Bedroom 5 Bathroom Bedroom 6 Kitchen Living Room Utility Room Bonus Room

Total Baths 3

Bath Desc Main Floor Full Bath Upper Level 3/4 Bath

Dining Room Description Eat In Kitchen

Fuel Natural Gas

Garage Square Feet 440

Exterior

Fencing Chain Link Full

Parking Features Detached Concrete

Water Source City Water/Connected

Lot Size Area 0.17

Lot Dimensions 50x50

Lot Size Units Acres

Foundation Area 1062

Internal Only

Street Number 1 1316

* Excluded Features

List By

Century 21 Atwood Rochester

Broker

jay@workwithapro.com

Affordability Calculator

$3,146

Per Month

Monthly Principal & Interest: $2,787
Monthly Property Taxes: $359
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 7.49% 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

Single family listings in Rochester, MN

Average List Price ^$585,178

Percent of Sale Price 47%

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.

3065247 Elementary School

3065241 Middle School

John Marshall High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/14/2024	$399,000		Listed Price

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1316 2nd Street NW, Rochester, MN, 55901 is a Single Family Home for sale at $399,000 with 2,867 sqft and a lot size of 0.17. 1316 2nd Street NW has 6 bedrooms, 3.0 baths, and was built in 1939. The property's zip code is 55901 which is in Rochester, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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 4/28/2024.

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1316 2nd Street NW

Single Family Home for sale in Rochester, MN

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