110 6Th AveRochester, MN 55904

For Sale
$799,900
7-Unit Apartment Building, Great ROI

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Rochester, MN investment opportunity combines a single-family home and a six-unit apartment building, totaling seven units. The property, located at 110 1/2 6th Ave SE, 55904, sits on a 0.16-acre lot and boasts 4,552 square feet. The main structure is a three-story building constructed in 1963, featuring five two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. A separate single-family home with three bedrooms and one bathroom is also included, offering additional rental income or owner-occupancy potential. The property offers ample off-street parking for all residents. Its prime location near downtown Rochester provides convenient access to shopping, dining, entertainment, and public transportation. This Class C multifamily property presents a compelling investment opportunity with a blend of stable residential income and potential for appreciation. The asking price is $799,900, translating to $175.72 per square foot and $114,271.43 per unit. The property's APN is 743633008985. This is a rare chance to acquire a well-situated multifamily property in a desirable Rochester neighborhood. Don't miss this chance to add a strong performer to your portfolio.

Highlights

  • $799,900 asking price for a multifamily property in Rochester, MN.
  • Seven-unit apartment building with two buildings on a 0.16-acre lot.
  • 4,552 square feet, with a price per square foot of $175.72.
  • Property includes a single-family home (3 bed, 1 bath) and a six-plex (five 2 bed/1 bath units, one 1 bed/1 bath unit).
  • Built in 1963, Class C construction, three stories.
  • Located at 110 1/2 6th Ave SE, Rochester, MN 55904.

Property Details for 110 6Th Ave

Property type
Apartment buildings
Square Feet
4,552 SF
Class
C
Year Built
1963
Buildings
2
Stories
3
Lot Size (sq. ft)
6,970 SF
Units
7

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0222245
Longitude
-92.4546561
110 6Th Ave, Rochester, Minnesota

FAQs

What type of property is this?
Apartment building - 7-Unit Apartment Building, Great ROI
Where is the apartment building located?
The property is located at 110 6Th Ave Rochester, MN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: $799,900 asking price for a multifamily property in Rochester, MN.; Seven-unit apartment building with two buildings on a 0.16-acre lot.; 4,552 square feet, with a price per square foot of $175.72.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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110 6Th Ave
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