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$99,900
/mo Edit
Single Family:  1 Story
2 br • 1 ba • Built 1979
988 sqft • 0.023 acres
MLS# 6757106
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    Property Description

    Welcome to your very own downtown condo! This charming 2-bedroom, 1-bathroom condo spans 988 square feet of comfortable living space, perfect for those seeking both a cozy home or a solid rental income potential. The thoughtfully designed layout maximizes every square foot, featuring a spacious primary bedroom and additional bedroom ideal for guests or a home office. The single bathroom serves the unit efficiently, while the open living areas create a welcoming atmosphere that you or your tenants will love. Location is everything, and this property delivers. You're just steps away from convenient public transportation at the nearby bus station, making commutes effortless. Grocery shopping is a breeze with stores close by, while Rochester Parks and Recreation offers endless outdoor activities and green spaces for relaxation. The downtown setting provides excellent walkability and access to Rochester's vibrant dining, entertainment, and cultural scene. This condo represents an excellent entry point into Rochester's real estate market. Whether you're a first-time investor, expanding your portfolio, or needing a place to call "home", the combination of prime location, reasonable size, and strong rental demand makes this property a smart financial move. Don't miss this opportunity to own in one of Rochester's most desirable neighborhoods.

    Listing

    Contingency: None
    Price per sq ft: $101
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: 1 Story
    Zip Code: 55902
    Subdivision Name: 728 First Ave Sw

    Interior

    Living Area: 988 ft2
    Common Wall: Yes
    Appliances Included:
    • Dishwasher
    • Dryer
    • Electric Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 988 ft2
    Handicap Accessible: Accessible Elevator Installed
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Covered
    • Guest Parking
    Shared Amenities:
    • Elevator(s)
    • Fire Sprinkler System
    • Lobby Entrance
    Unit Amenities: Balcony
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    Exterior Material:
    • Concrete
    • Frame
    Roof Details: Flat

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Dining/Kitchen:
    • Informal Dining Room
    • Living/Dining Room
    Laundry:
    • In Unit
    • Laundry Closet
    • Main Level
    Main Level Size Sq Ft
    Living Room  14 x 17  238 
    Dining Room  8 x 10  80 
    Kitchen  11 x 10  110 
    Bedroom  10 x 12  120 
    Bedroom 2  10 x 12  120 
    Bathroom  —  — 

    Lake & Waterfront

    Waterfront:
    • River Front
    • River View

    Lot & Land

    Acres: 0.023
    Geolocation: 44.01494, -92.46412
    Lot Dimensions: Common
    Zoning: Residential-Single Family

    Schools

    School District: 1929
    District Phone: 5073283000
    Elementary School: Folwell
    Middle School: John Adams
    High School: Mayo

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,674
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,674
    Association Fee Required: Yes
    Association Fee: $275
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Building Exterior
    • Hazard Insurance
    • Lawn Care
    • Maintenance Grounds
    • Professional Mgmt
    • Sanitation
    • Sewer
    • Snow Removal
    • Water
    Association Company: Infinity Real Estate and Management
    Association Company Number: 5075501052

    Units

    Unit Number: 401

    Miscellaneous

    Fuel System: Electric
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Rochester Public Utilities

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    Payment:  /mo

    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 Homes Plus Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.