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544 21st St Ne
Rochester, MN 55906 North Rochester

$499,000 USD

Rehabilitation Center For Sale • 3,200 SF

Property Details

Property Type Rehabilitation Center
Total Building Size 3,200 SF
Lot Size 0.21 AC
Building Class C
Year Built 1964
Cap Rate 8.02 %
Zoning residential

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                Roomy affordable 6 bdrm rambler in a very nice part of city
                            
                                Property has a gorgeous view from huge LR windows. Shows city lights well in evening.
                            
                                New concrete wheel chair ramp with fresh black top drive. Helps keep ice melted off in winter.
                            
                                2 fireplaces, bomb shelter and 3 season porch with heated garage.
                            
                                Bedroom rented out as a "Clean- Living Home" 750-1000 per bed /  month.Up to 8000/month, great investment!

Financial Summary (Actual)

Net Operating Income: $56,800 USD (2022)

Cap Rate:	8.02 %
Total Expenses:	$15,200 USD

Amenities

Wheelchair Accessible

Public Transportation

Airport	Drive	Walk	Distance
Rochester International	20 min	-	10.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Covered
Included in Rent:	Yes

Brian R. Braaten 507-208-0040 Braatens.com

544 21st St Ne Rochester, MN 55906 North Rochester