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Property Description
Don't miss this rare opportunity to own a triplex just blocks from Downtown Rochester and the world-renowned Mayo Clinic. This classic triplex features three separate units and offers immediate flexibility for leasing, repositioning, or owner occupancy. It's an ideal option for owner-occupants looking to offset housing expenses while building long-term equity or for an investor. Whether you're seeking a strategic addition to your investment portfolio or a live-in/income property, 306 7th St NW delivers on walkability, diversified income potential, and long-term growth on the doorstep on Downtown Rochester.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Egress Window(s), Finished, Single Tenant Access
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt
Taxes: $3,500
Year Built: 1916
Feature Descriptions
Exterior: Block, Frame
Foundation Size: 672
Lot: Corner Lot
Lot Dimensions: 126x50
Owners Expense: Common Area Maintenance, Exterior Maintenance, HVAC Maintenance, Insurance, Janitorial Service, Grounds Care, Repairs, Management Tax, Pest Control, Roof Maintenance, Snow Removal, See Remarks
Parcel#: 743513015685
Parking: Gravel
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Fuel, Gas, Heat, Hot Water, Sewer, See Remarks, Water
Units: 3
Water: City Water/Connected
Local Schools
High School: John Marshall
Middle School: John Adams
Elementary School: Washington
School District: Rochester
Listed By / Shown By
Listed By
Agency Name: Realty Growth Inc.
Agency Phone: 507-289-8000
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 2,194.84 per month $1,804.30 Principal & Interest $291.67 Property Tax $98.88 Homeowner's InsuranceChange Payment Information
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306 7th Street Nw | MLS# 7166522
This multi-family property located at 306 7th Street Nw, Rochester, MN 55901 is currently listed for sale with an asking price of $339,000. 7th Street Nw is located within the Rochester school district. Search Rochester real estate on www.counselorrealty.com today.