707 E Center Street, Rochester, MN 55904 (MLS# 7066246)
$299,000
Rochester, MN 55904
MLS# 7066246
3 beds | 3 baths | 3050 sqft
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Property Description
Conveniently located triplex in Rochester with immense upside potential! This versatile property is perfect for a savvy investor looking for a value-add play, a short-term rental conversion, or an owner-occupant. The property features three distinct units, several detached garages (~1,494 SF total), and generous common areas, including a large front yard and back patio. Situated on a 0.34-acre lot with R2X zoning, there is plenty of room to bring your vision and maximize your long-term investment goals. Sold as-is; bring your imagination!
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 299000
Original List Price: 365000
ListPrice: 299000
List Date: 2026-05-01
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1890
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 3
Baths Total: 3
Main Floor Total SqFt: 1818
Above Ground SqFt: 2434
Below Grd Total SqFt: 616
Total SqFt: 3050
Foundation Size: 1114
Style: (MF) Triplex
Total Finished Sqft: 2434.00
Power Company: Rochester Public Utilities
Garage Stalls: 4
Lot Dimensions: 75x200
Acres: 0.34
Assessment Pending: No
Location Tax and Other Information
House Number: 707
Street Direction Prefix: E
Street Name: Center
Street Suffix: Street
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55904
Complex/Dev/Subdivision: City Lands
Assessments
Tax With Assessments: 5776
Basement
Foundation Dimensions: 34 x 34
Building Information
Finished SqFt Above Ground: 2434
Income and Expenses
Annual Gross Income: 33600
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Door Height: 8
Garage Square Feet: 1494
Public Survey Info
Range#: 14
Section#: 36
Township#: 107
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Annual Rent: 12000
Finished SqFt: 800
Full Baths: 1
Monthly Rent: 1000
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit 2
Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 12000
Finished SqFt: 800
Full Baths: 1
Monthly Rent: 1000
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit 3
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 9600
Finished SqFt: 616
Full Baths: 1
Monthly Rent: 800
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 3
Unit Details
Total Units: 3
Property Features
Accessible: None
Basement: Unfinished
Construction Status: Previously Owned
Existing Financing: Conventional
Exterior: Vinyl
Foundation: Stone
Fuel: Natural Gas
Heating: Boiler; Forced Air
Lock Box Type: None
Lot Description: Public Transit (w/in 6 blks)
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: Two
Topography: Level
Unit 2 Amenities: Washer/Dryer Hookup
Water: City Water/Connected
Listing Office: Realty Growth Inc.
Last Updated: May - 28 - 2026
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