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511 11th ST SE Rochester, MN 55904
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Key Details
Sold Price $230,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,225 sqft
Price per Sqft $187
Subdivision Auditors A
MLS Listing ID 6454601
Sold Date 12/29/23
Bedrooms 3
Full Baths 1
Year Built 1938
Annual Tax Amount $2,438
Tax Year 2023
Contingent None
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 59x175x71x162
Property Description
*Seller Financing Available - Below Market Interest Rates* Welcome, to this beautiful turnkey rental opportunity in the heart of beloved, Slatterly Park, Rochester. Create your investment portfolio, or collect rent before you move in! With longstanding rental history, the current tenants are leased through May 2024 @ $1649.00/mo + tenant covered utilities, snow, & lawncare | Rental Licensed with Building Safety through 2023; Renewal Jan 2024 | Net Operating Income $1307/mo . $15.6k/annum. 6.6% Cap. | Unusually Long/Deep Lot Size with "double backyard" or potential future expansion with Re-Zoning | 'Air BNB' Potential w/ proper short term licensing | Information deemed accurate, however, Buyer/Buyer's Agent to verify all information.
Location
State MN
County Olmsted
Zoning Residential-Single Family
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Exterior
Garage Detached, Concrete
Garage Spaces 2.0
Building
Story One and One Half
Foundation 680
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Steel Siding
New Construction false
Schools
Elementary Schools Riverside Central
Middle Schools Willow Creek
High Schools Mayo
School District Rochester
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