110 6Th AveRochester, MN 55904

Property Details for 110 6Th Ave

Year built

1963

Lot size

0.16 AC

Property size (Sq ft)

4,552 SF

Property type

Apartment buildings

Description

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.

Location Insight

City

Rochester

County

Olmsted

State

Minnesota

Latitude

44.0222

Longitude

-92.4547

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