Property Listing
Description
Exceptional investment opportunity! Nestled on a beautifully maintained corner lot at the end of a quiet cul-de-sac, this fully occupied 4-plex offers the perfect blend of stability, income, and future potential. Pride of ownership shines throughout—from the meticulously cared-for exterior to the recent updates, including a brand new boiler in 2017 and a roof and gutter replacement in 2016, providing peace of mind for years to come. Residents enjoy the convenience of a spacious 4-car garage with a durable, maintenance-free steel roof, on-site coin-operated laundry facilities, and an additional storage shed—enhancing both comfort and practicality. The property’s stellar rental history and remarkably low vacancy rate underscore its appeal and reliability as a long-term asset. With untapped potential to boost returns through strategic rent increases and added parking charges, this property is poised to deliver impressive cash flow and value growth. Whether you’re a seasoned investor or just starting your real estate journey, this rare find presents the ideal combination of turnkey management and value-add opportunity. Don’t miss your chance to secure a high-performing asset in a sought-after location—opportunities like this don’t come around often!
Property Information
Status: Active
Sub Type: ********
List Price: $439,000
MLS#: 6698192
Current Price: $439,000
Address: 1351 5th Avenue SE, Rochester, MN 55904
City: Rochester
State: MN
Postal Code: 55904
Geo Lat: 44.003743
Geo Lon: -92.456572
Subdivision: Meadow Park Resub B-Torrens
County: Olmsted
Property Description
Year Built: 1968
Lot Size SqFt: 13503.6
Gen Tax: 5072
Specials Inst: 0
High School: ********
Square Ft. Source:
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Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 3360
Style: Array
Total Bedrooms: 7
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 4
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
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