DESCRIPTION

This multi-parcel sale contains a triplex, duplex, and a parking lot on a prime corner at the entrance to the Mayo Clinic Campus. Single parking stalls are rented to mainly Mayo Clinic employees. Reach out for more information today.

KEY DETAILS
  • Price:
  • $2,500,000
  • Bedrooms:
  • 6
  • Square Footage:
  • 2,048
  • Acreage:
  • n/a
  • Year Built:
  • 1917
  • MLS #:
  • NST6237473
  • Street Address:
  • 317 4th Ave NW
  • City:
  • Rochester
  • State:
  • MN
  • Postal Code:
  • 55901
  • County:
  • Olmsted
  • Subdivision:
  • Original City Of Roch-Pt Torre
  • Listing Status:
  • For Sale - Active

Building

  • Basement Description:
  • Stone/Rock, Unfinished
  • Construction Type:
  • Vinyl Siding
  • Number Of Units:
  • 2
  • Stories:
  • Three Or More
  • Total Building Square Footage:
  • 2048
  • Type Of Roof:
  • Asphalt
  • Year Built:
  • 1917

Business

  • Gross Income:
  • 174984
  • Net Operating Income:
  • 141495

Land

  • Existing Land Use:
  • Residential
  • Lot Features:
  • Irregular Lot
  • Lot Measurement Type:
  • Acres
  • Road Frontage Type:
  • City Street, Curbs, No Outlet/Dead End, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Topography:
  • Level
  • Zoning Description:
  • Residential-Multi-Family

Listing

  • Contingency Type:
  • Inspection
  • Days On Market:
  • 100
  • Included In Sale:
  • Other, Rental License
  • Originating Mls:
  • Northstar

Money

  • Owner Pays:
  • Electricity, Fuel, Snow Removal, Taxes, Water
  • Property Taxes:
  • $19,870
  • Tax Year:
  • 2022

Structures

  • Garage Parking Spaces:
  • 2
  • Parking Description:
  • Detached, Paved

Systems

  • Cooling System:
  • Window Unit(s)
  • Existing Water:
  • City Water/Connected
  • Heating:
  • Hot Water
  • Sewage Type:
  • City Sewer/Connected
  • Utilities:
  • Hot Water Common

Units

  • Unit 1 Monthly Rent:
  • 1600
  • Unit 1 Square Footage:
  • 1024
  • Unit 1 Total Bathrooms:
  • 1
  • Unit 1 Total Bedrooms:
  • 3
  • Unit 2 Monthly Rent:
  • 1250
  • Unit 2 Square Footage:
  • 1024
  • Unit 2 Total Bathrooms:
  • 1
  • Unit 2 Total Bedrooms:
  • 3

Source

  • Listing Provided By Realty Growth Inc.

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