My notes for this property


Add listing to my favorites (required)
Active NEW!
$174,900
/mo Edit
Condo/Townhome:  High Rise (4+ Levels)
2 br • 1 ba • Built 1979
988 sqft • 0.02 acres
Rochester schools
MLS# 6757106
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    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: $177
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: High Rise (4+ Levels)
    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: Stucco
    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
    Main Level Size Sq Ft
    Living Room  14 x 17  238 
    Dining Room  8 x 10  80 
    Kitchen  11 x 10  110 
    Bedroom 1  10 x 12  120 
    Bedroom 2  10 x 12  120 
    Bathroom  —  — 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Zumbro River - South Fork
    DNR Lake ID#: S9990635
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront:
    • River Front
    • River View

    Lot & Land

    Acres: 0.02
    Geolocation: 44.01494, -92.46412
    Lot Dimensions: Common
    Restrictions:
    • Mandatory Owners Assoc
    • Pets Not Allowed
    Zoning: Residential-Single Family

    Schools

    School District: 535
    District Phone: 507-328-3000
    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:
    • Hazard Insurance
    • Lawn Care
    • Maintenance Grounds
    • Maintenance Structure
    • Professional Mgmt
    • Sewer
    • Snow Removal
    • Trash
    Association Company: Infinity Real Estate and Management
    Association Company Number: 507-550-1052

    Units

    Unit Number: 401

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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.