842 7th Avenue SW Rochester, MN $ 399,900
842 7th Avenue SW
$ 399,900
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842 7th Avenue SW

Rochester, MN, 55902
$ 399,900
Bedrooms4 Baths2.0 Sq 2,048

Monthly Estimate*

$ 2,793

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Multi-Family Home for sale in Rochester, MN

for $399,900 with 4 bedrooms and 2 full baths. This 2,048 square foot home was built in 1949 on a lot size of 0.19.

Welcome to this fantastic opportunity to own a side-by-side duplex conveniently located just minutes from downtown, Mayo Clinic, and St. Mary's Hospital. Situated in a peaceful and quiet neighborhood, this property offers two beautifully remodeled units, each featuring 2 bedrooms and 1 bathroom. Unit Features: 2 bedrooms, 1 bathroom in each unit Remodeled interiors with hardwood floors Large windows allowing ample natural light Quiet and serene neighborhood setting Close proximity to downtown, Mayo Clinic, and St. Mary's Hospital This duplex is an excellent investment opportunity, whether you're looking to generate rental income or live in one unit while renting out the other. Don't miss out on this chance to own a prime piece of real estate in a highly sought-after location.

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Multi-Family Pending

Price

$ 399,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,558

Style

Duplex Side by Side

Lot Size

0.19

Year Built

1949

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6515444

Features
General
Sewer City Sewer - In Street
Heating Forced Air
Roof Asphalt
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1949
Levels Two
Property SubType Duplex Side by Side
Tax Year 2023
Gross Income 30700
Accessibility None
County Olmsted
Operating Expense 5994.51
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Williams Healys & Cornforths
Directions Head south on Broadway Ave S toward 6th St SW Turn right onto 6th St SW Turn left onto 7th Ave SW Destination will be on the left
High School Mayo
City Rochester
Buyer Agent Compensation 2.50
High School District Rochester
Zoning Description Residential-Multi-Family Residential-Single Family
Total Units 2
Street Name 7th
Elementary School Folwell
Land Lease Y/N N
Tax Annual Amount 4558
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Willow Creek
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 18
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Partially Finished
Basement (Y/N) Y
Above Grade Finished Area 2048
Street Suffix Avenue
Below Grade Finished Area 0
Foundation Dimensions 29x35
Fuel Natural Gas
Garage Dimensions 20x20
Garage Square Feet 400
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Exterior
Parking Features Detached Concrete
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water - In Street
Lot Size Area 0.19
Lot Dimensions 169x51
Lot Size Units Acres
Foundation Area 1015
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 842
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* Excluded Features
List By
Realty Growth Management Inc.

Broker

Dylan@rgi-group.com

Email

Affordability Calculator

$3,173
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,793
Monthly Property Taxes
$380
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3065249 Elementary School
3065243 Middle School
Mayo High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$399,900 -5.91% Price Down
4/11/2024$425,000 Listed Price

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842 7th Avenue SW, Rochester, MN, 55902 is a Multi-Family Home for sale at $399,900 with 2,048 sqft and a lot size of 0.19. 842 7th Avenue SW has 4 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 55902 which is in Rochester, MN