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Active NEW!
$395,000
/mo Edit
Single Family:  1 Story
3 br • 2 ba • Built 1954
1,152 sqft • 0.209 acres
Rochester schools
MLS# 7071615
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    Property Description

    Turnkey Investment or Move-In Ready Gem in the Heart of Rochester's SW Corridor. Opportunity meets charm in this fully updated, income-producing 3-bedroom, 2-bath ranch-style home situated in one of Rochester's most convenient southwest locations. Whether you're an investor looking to step into a cash-flowing short-term rental or a first-time buyer drawn to the character of a well-built mid-century home, this property checks every box. Built in 1954 and completely renovated from top to bottom, the home retains the warmth and craftsmanship of its era while delivering modern finishes throughout. The kitchen has been fully updated with new cabinets, newer appliances, and sleek countertops. Both baths have been beautifully refreshed, and the open-concept layout keeps the space light, functional, and welcoming. The main level offers 1, 152 finished square feet with three bedrooms, a wood-burning fireplace in the living room, a mud room, and a dedicated laundry area. The unfinished basement (912 SF) provides exceptional storage or future expansion potential. A 2-car attached garage (21x21) and fenced backyard round out the package. This is a walkable, well-connected southwest location just minutes from St. Mary's/Mayo Clinic campus, Apache Mall, shopping, dining, and major medical corridors, making it a proven draw for traveling healthcare professionals and short-term rental guests. The property is sold fully furnished and turnkey. The short-term rental operation is already active with current consecutive bookings beginning end of May, meaning an investor buyer steps directly into revenue with no setup required.

    Listing

    Contingency: None
    Price per sq ft: $343
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: 1 Story
    Zip Code: 55902
    Subdivision Name: Parkside Sub

    Interior

    Living Area: 1,152 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Fireplace Details:
    • Living Room
    • Wood Burning
    Basement Details: Block

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 21x21
    Garage Size: 484 ft2
    Air Conditioning: Central Air
    Foundation Size: 912 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Out Buildings: Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    Unit Amenities:
    • Hardwood Floors
    • Kitchen Window
    • Natural Woodwork
    • Patio
    • Tile Floors
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Concrete
    • Frame
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: None
    Half Baths: None
    3/4 Baths: 2
    Bathroom Details:
    • Main Floor 3/4 Bath
    • Main Floor Full Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Informal Dining Room
    • Kitchen/Dining Room
    • Living/Dining Room
    Main Level Size Sq Ft
    Bathroom  6 x 6  36 
    Bathroom  6 x 5  30 
    Dining Room  9 x 7  63 
    Family Room  14 x 12  168 
    Bedroom  12 x 10  120 
    Kitchen  13 x 10  130 
    Living Room  14 x 12  168 
    Mud Room  5 x 5  25 
    Bedroom 2  11 x 10  110 
    Bedroom 3  10 x 8  80 
    Lower Level Size Sq Ft
    Laundry  37 x 23  851 

    Lot & Land

    Acres: 0.209
    Geolocation: 44.0079503233, -92.4730298736
    Lot Dimensions: 83 x 122 x 80 x 105
    Zoning: Residential-Single Family
    Lot Description: Irregular Lot

    Farm

    Soil Type: Loam

    Schools

    School District: 535
    District Phone: 5073283000
    Elementary School: Folwell
    Middle School: John Adams
    High School: Mayo

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,442
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,442
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Lakes Sotheby's International Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.