306 10th Avenue Ne, Rochester, MN 55906

Property Description

We're excited to share an up/down duplex located on a quiet street in Rochester, close to the city bus line and all the amenities the area has to offer. This well-positioned property is perfect for a first-time investor or a valuable addition to an existing portfolio. The main level unit features 2 bedrooms and 1 bathroom, with private basement access that includes a washer and dryer. It comes equipped with a dishwasher, microwave, range, and refrigerator. The upper unit offers 1 bedroom and 1 bathroom and has been occupied by a long-term tenant whose rent is covered by a local nonprofit. Appliances in this unit include a refrigerator and oven. While the upper unit is expected to require cosmetic updates such as paint, flooring, and cabinet improvements upon turnover, the tenant is anticipated to stay for the foreseeable future. This duplex provides immediate rental income with the potential to increase cash flow through strategic updates. It's a rare opportunity to own a property in a strong location with built-in stability and room for appreciation.