2414, 2420 & 2426 30th Avenue NW, Rochester, MN 55901 (MLS# 6556789)
$1,300,000
Rochester, MN 55901
MLS# 6556789
Status: Closed
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Property Description
Rare investment opportunity to purchase three standalone 4-plexes, twelve units total. Located in NW Rochester, close to shopping, trails, and easy access to HWY 52 and 14. Each apartment features 2 bedrooms, 1 full bathroom, and come with 1 garage stall, plus off-street parking. Each building has shared laundry on the main floor. Many have been nicely updated, with long standing renters occupied. Rent starts at $1,050/month with trash, lawn, and snow care included. Call for more information or a private showing today!
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2024-07-02
Current Price: 1400000
Closed Date: 2024-08-16
Sales Close Price: 1400000
Contingency: None
ListPrice: 1300000
List Date: 2024-06-24
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Management Company Name: Hamilton INH Management
Multiple PIDs?: Yes
Other Parking Spaces: 12
Owner Occupied: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 1800
Garage Stalls: 12
Management Company Phone: 507-216-1808
For Sale or Lease: For Sale
Acres: 0.21
Lot Dimensions: Irreg
Location Tax and Other Information
House Number: 2414, 2420 & 2426
Street Name: 30th
Street Suffix: Avenue
Street Direction Suffix: NW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55901
Complex/Dev/Subdivision: Northridge 2nd Sub
Additional Parcels Information
Property ID #2: 742812017409
Property ID #3: 742812017408
Assessments
Tax With Assessments: 5858
Basement
Foundation Dimensions: 50x36
Building Information
Building Finished SqFt: 3600
Building SqFt: 3600
Income and Expenses
Annual Caretaker Expense: 9827
Annual Electric Expense: 3422
Annual Gross Expenses: 76347
Annual Gross Income: 163776
Annual Insurance Expense: 23588
Annual Maintenance Expense: 29300
Annual Net Income: 87429
Annual Trash Expense: 2400
Annual Water/Sewer Expense: 2710
Total Annual Expenses: 76347
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: SEMR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 48x20
Garage Square Feet: 960
Public Survey Info
Range#: 14
Section#: 28
Township#: 107
Sale Options
Sale Includes: Building
Unit 2
No. of 2 Bedroom Units: 12
Unit Details
Total Units: 12
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Shared: Coin-op Laundry Owned
Amenities Unit: Kitchen Window
Appliances: Dishwasher; Range; Refrigerator
Basement: Slab
CMU Style: Low Rise
Construction Status: Previously Owned
Current Use: Residential
Exterior: Vinyl
Financing Terms: Conventional
Flooring: Carpet; Luxury Vinyl Plank
Foundation: Slab
Fuel: Electric
Heating: Baseboard
Internet Options: Cable
Loan Terms: Cash; Conventional
Location Description: Free Standing
Lock Box Type: None
Lot Description: Tree Coverage - Light
On Site Utilities: Electric Separate
Owner Pays: Insurance; Lawn; Lawn; Sewer; Snow Removal; Taxes; Trash Collection
Rental License Type: Standard
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Water
Wall Description: Drywall
Water: City Water/Connected
Window Features: Double Pane Windows
Listing Office: Dwell Realty Group LLC
Last Updated: August - 17 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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