110 6Th Ave Rochester, MN 55904
- Apartment buildings
- 4,552 SF
- 0.16 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 110 6Th Ave
- Year built
- 1963
- Lot size
- 0.16 lot acres
- Property size
- 4,552 SF
- Property type
- Apartment buildings
Description
This exceptional Rochester, MN investment opportunity combines a single-family home and a six-unit apartment building, totaling seven units. The property, located at 110 1/2 6th Ave SE, 55904, sits on a 0.16-acre lot and boasts 4,552 square feet. The main structure is a three-story building constructed in 1963, featuring five two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. A separate single-family home with three bedrooms and one bathroom is also included, offering additional rental income or owner-occupancy potential. The property offers ample off-street parking for all residents. Its prime location near downtown Rochester provides convenient access to shopping, dining, entertainment, and public transportation. This Class C multifamily property presents a compelling investment opportunity with a blend of stable residential income and potential for appreciation. The asking price is $799,900, translating to $175.72 per square foot and $114,271.43 per unit. The property's APN is 743633008985. This is a rare chance to acquire a well-situated multifamily property in a desirable Rochester neighborhood. Don't miss this chance to add a strong performer to your portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.4547
- Latitude
- 44.0222
