$300,000

1862 16 1/2 Street NW, Rochester, MN 55901


$300,000

Off-Market Date: 5/9/2022

1862 16 1/2 Street NW Rochester, MN 55901

Pending MLS# 6190858

5 beds 3 baths 1,932 sq ft Multi-family

Data current as of {{getLocalTime('2022-06-30T23:20:37Z')}}

Details for 1862 16 1/2 Street NW

MLS# 6190858

Description for 1862 16 1/2 Street NW, Rochester, MN, 55901


What an opportunity here!This is way to own a home and also have it generate income at the same time. This is a purpose built duplex located in a quite NW neighborhood. Fantastic owner occupied property or just as an investment, this will work well either way and is a turnkey money maker all ready to go. It has had many nice updates. The first unit is on the main floor and has 3 total bedrooms, 2 on the main floor with a finished basement that can be used as another bedroom with a separate bathroom. The upper unit has 2 bedrooms and 1 bath. A 2 car detached garage and nice flat yard. Schedule your private tour today.

Listing Information


Property Type: Multi-family, Duplex Up and Down

Status: Pending

Bedrooms: 5

Bathrooms: 3

Lot Size: 0.14 Acres

Square Feet: 1,932 sq ft

Year Built: 1959

Foundation: 840 sq ft

Garage: Yes

Stories: 2

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Sunset Terrace

Builder:

Foundation:

Total Units: 2

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Olmsted

Days On Market: 3

HERS Score:

Construction Status: Previously Owned

School Information


District: 535 - Rochester

Elementary: Sunset Terrace

Middle: John Adams

High: John Marshall

Room Information


Bathrooms

Full Baths: 2

3/4 Baths: 1

Interior Features


Square Footage above: 1,680 sq ft

Square Footage below: 252 sq ft

Flooring:

Basement: Partial Finished

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Detached Garage, Driveway - Asphalt, Garage Sq Ft - 528.0

Exterior: Fiber Board

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 55x110

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Fence: Wood

Additional Exterior/Lot Features: Road Frontage - City

Soil Type:

Tillable Acres:

Unit Information


Number of Units Like This: 1

Monthly Rent: 1400

Total Baths: 2

Total Bedrooms: 3

Total Rooms: 6

Number of Units Like This: 1

Monthly Rent: 1000

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Driving Directions


US-52 N - Take Exit 56C for 19th St NW - Slight LEFT onto 19th St NW/Elton Hills Dr NW - CONTINUE to follow 19th St NW - LEFT onto 19th Ave NW - LEFT onto 16 1/2 St NW - Home will be on your RIGHT

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Broadband,Cable T.V.,Electric,Fuel

Owner Pays: Insurance,Taxes,Trash,Water/Sewer

Annual Income: $28,800

Annual Expense: $3,460

Ownership Type:

Tax/Property ID: 742734022308

Tax Amount: $2,750

Tax Year: 2022

HomeStead Description: Homesteaded

Price Changes


$300,000 Original Price
$300,000 Current Price
+$0 Total Change
Date Price Change
5/5/2022 07:07 PM $300,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 1862 16 1/2 Street NW

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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