1. Minnesota
  2. Rochester
  3. 1351 5th Avenue SE
$439,000

1351 5th Avenue SE, Rochester, MN 55904

  • 5,040 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $87/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional investment opportunity! Nestled on a beautifully maintained corner lot at the end of a quiet cul-de-sac, this fully occupied 4-plex offers the perfect blend of stability, income, and future potential. Pride of ownership shines throughout—from the meticulously cared-for exterior to the recent updates, including a brand new boiler in 2017 and a roof and gutter replacement in 2016, providing peace of mind for years to come. Residents enjoy the convenience of a spacious 4-car garage with a durable, maintenance-free steel roof, on-site coin-operated laundry facilities, and an additional storage shed—enhancing both comfort and practicality. The property’s stellar rental history and remarkably low vacancy rate underscore its appeal and reliability as a long-term asset. With untapped potential to boost returns through strategic rent increases and added parking charges, this property is poised to deliver impressive cash flow and value growth. Whether you’re a seasoned investor or just starting your real estate journey, this rare find presents the ideal combination of turnkey management and value-add opportunity. Don’t miss your chance to secure a high-performing asset in a sought-after location—opportunities like this don’t come around often!

Listing Status:
Active
Listing Office:
Harbor Realty & Management Group LLC : 507-550-0300
MLS ID:
6698192
  • Basement: Egress Window(s)FinishedFull
  • Heating: Boiler

This listing courtesy of Harbor Realty & Management Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Care & Treatment Jdc/Von Wald

334 16th St SE, Rochester, MN, 55904

Grades 5-12

0.31 miles away

C

Care & Treatment Jdc/Von Wald

334 16th St SE, Rochester, MN, 55904

Grades 5-12

0.31 miles away

C

Care & Treatment Jdc/Von Wald

334 16th St SE, Rochester, MN, 55904

Grades 5-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.