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306 10th Ave NE, Rochester, MN, 55906

2beds
1baths
2,184sqft
$220,000
$101price/sqft
$1,687/moest. monthly cost
$67,480/yrincome needed

About This Home

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.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
85
BikeVery Bikeable

Schools

7/10
4/10
Kellogg Middle SchoolGrades 6-81.1 mi
8/10

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,430

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,184
  • Total interior livable area: 2,184 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 743631020123
  • Zoning description: Residential-Multi-Family
  • Foundation area: 754

Features

  • Levels: One and One Half

Lot

  • Lot size: 5,880 sqft
  • Lot size dimensions: 118 x 48