810 2Nd St Rochester, MN 55901
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 810 2Nd St
- Property type
- Commercial real estate
Description
This exceptional 5-plex apartment building presents a lucrative investment opportunity in the heart of Rochester, Minnesota. Located at 810 2nd St NW, 55901, this property enjoys a highly desirable location within easy walking distance of the Mayo Clinic campuses and the vibrant downtown area. The asking price is $399,000. The building's convenient proximity to major employment centers and amenities ensures strong rental demand and potential for high occupancy rates. This multifamily property offers a compelling combination of location, accessibility, and investment potential. Its strategic placement near the Mayo Clinic and downtown Rochester positions it to benefit from the city's robust economy and consistent population growth. The property's multi-unit structure provides diversification and potential for increased rental income. This is an excellent opportunity for investors seeking a stable and appreciating asset in a thriving Minnesota market. The property is situated in Olmsted County and offers a straightforward investment strategy with significant upside potential. Further due diligence is recommended to fully assess the financial aspects of this investment opportunity. The property's address is easily verifiable through standard mapping services. This 5-plex represents a rare chance to acquire a well-situated multifamily property in a high-demand area.
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
- -92.4743632
- Latitude
- 44.0251478
