707 E Center St - Multi-Family FOR SALE


Rochester, MN 55904- East Rochester
$365,000 USD
507-951-7130
707 E Center St, Rochester, MN for Sale
$365,000 USD
Multi-Family - FOR SALE
1/20
null | Request Cap Rate

707 E Center St
Rochester, MN 55904
East Rochester


HIGHLIGHTS

  • Prime Rochester Core investment location
  • High-demand short-term rental potential
  • Flexible R2X zoning, 0.34 acres
  • Large 1,494 SF detached garages
  • Immediate value-add, cosmetic TLC needed
  • High-yield $2,800 monthly gross income

OVERVIEW

Conveniently located triplex in Rochester with immense upside potential! This versatile property is perfect for a savvy investor looking for a value-add play, a short-term rental conversion, or an owner-occupant. The property features three distinct units, several detached garages (~1,494 SF total), and generous common areas, including a large front yard and back patio. Situated on a 0.34-acre lot with R2X zoning, there is plenty of room to bring your vision and maximize your long-term investment goals. Sold as-is; bring your imagination!

FOR SALE DETAILS

PRICE

$365,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

3

PRICE/UNIT

$121,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rochester Core Value-Add Triplex

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

-

APN/PARCEL ID

74.36.34.070409

ASK ABOUT THIS PROPERTY

Bucky BeemanRealty Growth, Inc.More Info
507-951-7130

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Bucky BeemanRealty Growth, Inc.More Info
507-951-7130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.