Presented by: By Dylan Carty with Realty Growth Management Inc.

$425,000
Estimation is calculated based on tax assessment records, recent sale prices of comparable properties, and other factors.
Estimated Rental Price is based on similar rentals in this area.
  • 14 beds
  • 7 baths
  • 3,136 sq ft
  • 9,148 sqft lot

2607 55th St NW, Rochester, MN 55901


  
less than a minute ago

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Property Details for 2607 55th St NW

Highly desirable 4-plex that has completely separate utilities and no common area for the landlord to maintain! Each unit has washer and dryer in unit. Electric baseboard heat that is paid by the tenants. Each unit has its own water meter that is paid by tenant. $3, 424/Month in gross rents. This one will not last long in this market!

Schools

  • Elementary School: Sunset Terrace
  • High School: Century
  • Middle School: Kellogg
  • School District: 535 - Rochester

Property Features

Bedrooms

  • Bedrooms: 14

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7

Exterior and Lot Features

  • Roads: City

Other Rooms

  • Basement Features: Slab

Heating and Cooling

  • Heating Features: Baseboard
  • Heating Fuel: Electric

Land Info

  • Lot Size Acres: 0.21
  • Lot Size Dimensions: 100x90
  • Lot Size Square Feet: 9148

Garage and Parking

  • Garage Spaces: 4
  • Garage Description: Detached Garage

School Information

  • Elementary School: Sunset Terrace
  • High School: Century
  • Middle School: Kellogg
  • School District: 535 - Rochester

Multi-Unit Info

  • Number of Units: 4
  • Bedrooms in Unit-1: 2
  • Bedrooms in Unit-2: 2
  • Bedrooms in Unit-3: 2
  • Bedrooms in Unit-4: 2
  • Total Bathrooms in Unit-1: 1
  • Total Bathrooms in Unit-2: 1
  • Total Bathrooms in Unit-3: 1
  • Total Bathrooms in Unit-4: 1
  • Total Rooms in Unit-1: 4
  • Total Rooms in Unit-2: 4
  • Total Rooms in Unit-3: 4
  • Total Rooms in Unit-4: 4
  • Unit-2 Square Feet: 784
  • Unit-4 Square Feet: 784
  • Unit 1 Total Actual Rent: 850
  • Unit 2 Total Actual Rent: 850
  • Unit 3 Total Actual Rent: 875
  • Unit 4 Total Actual Rent: 850

Homeowners Association

  • Maintenance Expense: 1199

Rental Info

  • Tenant Pays: Water/Sewer, Electric

Other Property Info

  • Annual Tax Amount: 4810
  • Source Listing Status: Pending
  • County: Olmsted
  • Current Use: Yearly
  • Directions: From HWY 52 North take exit for 55th St NW. Take a right onto 55th St NW, then an immediate left onto bandel rd NW, Take a right onto the frontage rd and the property will be up on the left.
  • Tax Year: 2021
  • Source Property Type: (MF) Four Plex
  • Insurance Expense: 1716
  • Source Neighborhood: Cascade Ridge Sub
  • Ownership Type: No
  • Parcel Number: 740944003231
  • Subdivision: Cascade Ridge Sub
  • Trash Expense: 934
  • Source System Name: C2C

Building and Construction

  • Total Square Feet Living: 3136
  • Year Built: 1983
  • Above Grade Finished Area: 3136
  • Building Exterior Type: Wood
  • Foundation Area: 1568
  • Property Age: 38
  • Property Condition: Previously Owned
  • Roof: Asphalt Shingles
  • Structure Type: List Type: Exclusive Right, Property Type: MF
  • House Style: (MF) Four Plex
  • Total Above Grade Sqft Area: 3136.00
  • Total Area Main: 1568.00
  • Total Area Sqft: 3136

Utilities

  • Electric: Fuses
  • Sewer: City Sewer/Connected
  • Water Sewer Expense: 171
  • Water Source: City Water/Connected

Local Home Services

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Monthly Payment

Month
  • Principal & Interest $1,461
  • Home Insurance
  • HOA Fees
  • Mortgage Insurance$0
If you are an active military service member, have served in the past, or are the spouse of someone who has served, you may benefit from special loan programs for veterans. Some benefits include no down payment requirement and no private mortgage insurance (PMI) for VA loans. Learn more.

Similar Homes For Sale Near Rochester, MN

Comparison of 2607 55th St Nw, Rochester, MN 55901 with Nearby Homes:
4902 25th Ave Nw, Rochester, MN 55901
$294,900
4 bd, 2 ba, 1,941 sq ft
  • 30% less expensive
  • 1,195 sq ft smaller
  • Smaller lot
  • 12 years newer
4928 36th Pl Nw, Rochester, MN 55901
Contingent
$224,900
2 bd, 2 ba, 1,274 sq ft
  • 47% less expensive
  • 1,862 sq ft smaller
  • Smaller lot
  • 15 years newer
3230 Arbor Dr Nw, Rochester, MN 55901
$289,000
3 bd, 2 ba, 1,983 sq ft
  • 32% less expensive
  • 1,153 sq ft smaller
  • Larger lot
  • 6 years newer
1025 Canterbury Ln Nw, Rochester, MN 55901
$470,000
3 bd, 3 ba, 3,168 sq ft
  • 10% more expensive
  • 32 sq ft larger
  • Larger lot
  • 10 years newer
6647 Aster Ln Nw, Rochester, MN 55901
$399,000
4 bd, 3 ba, 2,139 sq ft
  • 6% less expensive
  • 997 sq ft smaller
  • Smaller lot
  • 38 years newer
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Nearby Schools

Neighborhood

2607 55th St NW is located in Kings Run neighborhood in the city of Rochester, MN.

Checkout other home values in 55th St.

$344,900

Median Listing Price

$349,900

Median Sales Price

52

Median Days on Market

$151

Price Per Sq Ft
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Property History for 2607 55th St NW

Property Price

Date Event Price
10/27/2021 Listed $425,000
01/19/2021 Sold $300,000
02/03/2020 Sold $300,000

Property Tax

Year Taxes Total Assessment
2021 $4,810 -
2020 $5,020 $287,900
2019 $4,332 $287,900
2018 $4,152 $250,200
2017 $4,204 $238,500
2016 $3,826 $238,500
2015 $3,420 $211,200
2014 $3,384 $198,800
2013 $3,492 $198,800
2012 $4,006 $198,800
2011 $3,722 $231,000
2010 $3,622 $231,000
2009 $3,548 $231,000
2008 $3,636 $231,000
About History & Taxes Data

The price and tax history data displayed is obtained from public records and/or MLS feeds from the local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.

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Nearby Home Values

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    Homes near 55901
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More about this property

  • Presented by:
  • REALTOR® Dylan Carty

    A REALTOR® is a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict code of ethics.

  • Brokered by:
  • Realty Growth Management Inc.
Broker Location: ROCHESTER, MN
Data Source: NorthstarMLS
Source's Property ID: 6119770
Data Source Copyright: ©2021 Northstar MLS

Homes Around $425,000

Homes near 2607 55th St NW have a median list price of $365,000 and a median price per square foot of $173.

Approximate monthly payment is an estimate calculated with 20% down and 30 year fixed

Subject to qualifying for and obtaining a mortgage. Actual monthly payments vary based on down payment amount, mortgage type, credit availability, interest rate changes, and other factors. Does not include property taxes or insurance. Contact your REALTOR® directly for information.