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1303 4th Ave SW
Rochester, MN 55902
Three 4-Plex Buildings in SW Rochester · Multifamily Property For Sale
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12 Units
Property Facts
| No. Units | 12 | Lot Size | 0.48 AC |
| Property Type | Multifamily | Building Size | 9,840 SF |
| Property Subtype | Apartment | Average Occupancy | 99% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1964 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 9,840 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1964 |
About 1303 4TH AVE SW , ROCHESTER, MN 55902
Great Opportunity to invest in multi-family units at a very affordable cost! There are three 4-Plex buildings with one and two-bedroom apartments, low vacancy rates along with several long-term tenants. Located on a secluded road that provides for limited street traffic and at the same time is only 1.8 miles from the Mayo Clinic Gonda building and near the Crossroads Shopping Center and Hy-Vee Grocery Store. Also located near the golf course and bike paths. Well maintained and in good, clean condition with the same owner for many years.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 10 | - | - |
Property Taxes
| Parcel Number | 64.11.12.008612 | Improvements Assessment | $272,900 |
| Land Assessment | $50,000 | Total Assessment | $322,900 |
Property Taxes
Parcel Number
64.11.12.008612
Land Assessment
$50,000
Improvements Assessment
$272,900
Total Assessment
$322,900
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