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Active NEW!
$140,000
/mo Edit
Lot/Land:  Lot/Land
0.62 acres
Rochester schools
MLS# 6742082
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    Property Description

    Investment and development opportunity in SE Rochester! Two parcels of land (407 & 411 36th Ave SE) Can buy and develop as you see fit, or, the seller has architectural and engineered drawings for the building of TWO 6 unit apartment buildings. Great way to add additional multifamily properties to your portfolio in a turnkey like manner as the seller can also assist in the building process. Great SE Rochester location with proximity to the community college and Century High School. Seller might be open to creative financing solutions!

    Listing

    Contingency: None
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Lot/Land
    Zip Code: 55904
    Subdivision Name: Stonebridge

    Lot & Land

    Acres: 0.62
    Geolocation: 44.017164, -92.409528
    Inclusions: None
    Lot Dimensions: Irregular
    Addl Parcels: 630524070543
    Restrictions: None
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family

    Farm

    Topography: Sloped

    Schools

    School District: 535
    District Phone: 507-328-3000
    Elementary School: Riverside Central
    Middle School: Kellogg
    High School: Century

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $968
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $968
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Site Plan Approved
    Improvements: Public Road
    Available Utilities:
    • Natural Gas Available
    • None Connected
    • Other Available

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Loam Commercial Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.