8 Beds
4 Baths
8,450 Sqft Lot
8 Beds
4 Baths
8,450 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Graham Add - Torrens
MLS Listing ID 7101999
Bedrooms 8
Year Built 1962
Annual Tax Amount $6,636
Tax Year 2025
Contingent None
Lot Size 8,450 Sqft
Lot Dimensions 110x77
Property Description
Every major component has been updated with quality and longevity in mind, including new plumbing, electrical, boiler system, water heater, kitchens, bathrooms, and much more. All renovations were completed with the proper permits and have received occupancy approval from the City, giving buyers added confidence and peace of mind.
The property features four fully occupied 2-bedroom, 1-bath units, each thoughtfully designed with its own in-unit laundry. Every apartment is served by efficient boiler heat while also offering the comfort and flexibility of an individual mini-split system with both air conditioning and heat pump functionality. Electric is individually metered, making utility management simple and efficient.
Located just minutes from everything Rochester has to offer—including world-class healthcare, dining, shopping, entertainment, parks, and major employers—this property combines a prime location with extensive improvements and reliable rental income. Opportunities to purchase a fully renovated, fully occupied multifamily property of this caliber are few and far between. Schedule your showing today and see why this investment stands out from the rest!
Location
State MN
County Olmsted
Zoning Residential-Multi-Family
Rooms
Basement Finished
Interior
Heating Baseboard, Heat Pump
Cooling Ductless Mini-Split
Flooring Luxury Vinyl Plank
Inclusions Building, Land, Rental License
Fireplace No
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Parking Features Concrete, Paved Lot
Utilities Available Electric Separate
Present Use Residential
Building
Lot Description Corner Lot
Story One
Foundation 1672
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
New Construction false
Schools
School District Rochester
Schools and Properties Nearby