619 and 621 4th Avenue SE Rochester, MN $ 425,000
619 and 621 4th Avenue SE
$ 425,000
New Construction
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619 and 621 4th Avenue SE

Rochester, MN, 55904
$ 425,000
Bedrooms2 Baths1.1 Sq 2,106

Monthly Estimate*

$ 2,825

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Multi-Family Home for sale in Rochester, MN

for $425,000 with 2 bedrooms and 1 full bath, 1 half bath. This 2,106 square foot home was built in 2022 on a lot size of 0.15.

Rare find, a turn-key investor opportunity! This beautiful duplex was built in 2022, located just blocks from the Mayo Clinic in Downtown Rochester. With a slab foundation, both units are the same with reverse floorplans. Featuring spacious living rooms off the front entry with bench & cubbies, gorgeous kitchens with Amish built solid-wood knotty alder cabinetry, tiled backsplashes, and quartz countertops, SS appliances, large islands, and walk-in pantries, dining nooks, and ½ baths on main level. The second story has in-unit laundry, a full bathroom with tiled showers/tub combos, and two bedrooms, with a balcony off the front bedrooms. The dining rooms have sliding glass doors, and a porch off the back of each unit overlooking the private backyard. Plus, there is off street parking! Buyer contract for deed is an option, with the following terms: 36 months at 5.5% interest with 20% down, will extend to 60 months at 6.5% at the 37th month. Buyer must obtain other financing at 60 months.

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Multi-Family Active

Price

$ 425,000

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,230

Style

Duplex Side by Side

Lot Size

0.15

Year Built

2022

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6538029

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Asphalt
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 2022
Electric Circuit Breakers
Tenant Pays Cable TV Electricity Gas Sewer
Levels Two
Property SubType Duplex Side by Side
Tax Year 2024
Gross Income 40800
Accessibility None
County Olmsted
Operating Expense 6850
Insurance Expense 950
New Construction Y
Property Type Residential Income
Contingency Inspection
Subdivision Name East Rochester Add-Part Torrens
Directions Broadway Ave S to 4th St SE South on 4th Ave SE for 2.5 blocks house will be on the East side of the street- Look for a duplex.
High School Mayo
City Rochester
Buyer Agent Compensation 2.50
High School District Rochester
NumberOfUnitsTotal 2
Lot Size Units Acres
Street Name 4th
Elementary School Riverside Central
Land Lease Y/N N
Tax Annual Amount 5230
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Willow Creek
Trash Expense 400
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 13
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Slab
Basement (Y/N) N
Above Grade Finished Area 2106
Below Grade Finished Area 0
Foundation Dimensions 31x33
Fuel Natural Gas
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Exterior
Parking Features Asphalt
Water Source City Water/Connected
Lot Size Area 0.15
Lot Dimensions Irreg
Street Suffix Avenue
Foundation Area 1023
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 619
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* Excluded Features
List By
Dwell Realty Group Llc

Broker

lauren@boutinandcompany.com

Email

Affordability Calculator

$3,261
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,825
Monthly Property Taxes
$436
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
3065236 Elementary School
3065243 Middle School
Mayo High School High School
Pricing History
DatePricePrice ChangeDescription
5/24/2024$425,000 Listed Price

Map


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619 and 621 4th Avenue SE, Rochester, MN, 55904 is a Multi-Family Home for sale at $425,000 with 2,106 sqft and a lot size of 0.15. 619 and 621 4th Avenue SE has 2 bedrooms, 1.1 baths, and was built in 2022. The property's zip code is 55904 which is in Rochester, MN