306 10th Avenue Ne

Rochester, MN 55906

About this property

We’re excited to share an up/down duplex located on a quiet street in Rochester, close to the city bus line and all the amenities the area has to offer. This well-positioned property is perfect for a first-time investor or a valuable addition to an existing portfolio. The main level unit features 2 bedrooms and 1 bathroom, with private basement access that includes a washer and dryer. It comes equipped with a dishwasher, microwave, range, and refrigerator. The upper unit offers 1 bedroom and 1 bathroom and has been occupied by a long-term tenant whose rent is covered by a local nonprofit. Appliances in this unit include a refrigerator and oven. While the upper unit is expected to require cosmetic updates such as paint, flooring, and cabinet improvements upon turnover, the tenant is anticipated to stay for the foreseeable future. This duplex provides immediate rental income with the potential to increase cash flow through strategic updates. It’s a rare opportunity to own a property in a strong location with built-in stability and room for appreciation.

About this property

We’re excited to share an up/down duplex located on a quiet street in Rochester, close to the city bus line and all the amenities the area has to offer. This well-positioned property is perfect for a first-time investor or a valuable addition to an existing portfolio. The main level unit features 2 bedrooms and 1 bathroom, with private basement access that includes a washer and dryer. It comes equipped with a dishwasher, microwave, range, and refrigerator. The upper unit offers 1 bedroom and 1 bathroom and has been occupied by a long-term tenant whose rent is covered by a local nonprofit. Appliances in this unit include a refrigerator and oven. While the upper unit is expected to require cosmetic updates such as paint, flooring, and cabinet improvements upon turnover, the tenant is anticipated to stay for the foreseeable future. This duplex provides immediate rental income with the potential to increase cash flow through strategic updates. It’s a rare opportunity to own a property in a strong location with built-in stability and room for appreciation.

Features and Additional Information

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$220,000 Active
1,430 sqft

Presented By Coldwell Banker Crown Park Rapids

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Get in touch today! Phone: 1-218-732-3381
Brokerage
Harbor Realty & Management Gro
1-507-550-0300
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Area Information

| Olmsted County | Riess 2nd Sub

$ 220,000
This listing is play_arrow 0.0% lower than the average in the area
$ 220,000 in the area
1,430 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,430 SqFt in the area
$ 154 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 154 $/SqFt in the area
108 days on site
This listing is play_arrow 0.0% below the average in the area
108 days on site in the area

Schools in the Area

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    Elementary School
    Jefferson
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    Middle School
    Kellogg
  • turned_in
    High School
    Rochester
Listed By Alex Brainard
Brokerage: Harbor Realty & Management Gro

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