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    OFF-MARKET
    Apartment buildings

    110 6Th Ave, Rochester, MN 55904

    4,552 SF 0.16 ac lot Built 1963
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1963
    Total area 4,552 SF
    Lot 0.16 ac (6,970 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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