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For Sale:  Rockville MLS# 7115818

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Active
$250,000
/mo Edit
Multi-family:  Fourplex
6 br • 4 ba • Built 1908
3,688 sqft • 0.36 acres
Rocori schools
MLS# 7115818
763-576-8286
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    Property Description

    Excellent investment opportunity! This four-unit rental property features two upper-level and two lower-level apartments, all currently occupied, providing immediate rental income. Two of the units have long-term tenants who have rented for over 10 years, offering added stability. Situated on a desirable corner lot, the property includes a detached two-car garage that is also rented for additional income. Ample off-street parking provides convenience for tenants, making this an attractive investment with strong income potential.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $250,000
    Price per sq ft: $68
    Property Type: Multi-family
    City: Rockville
    Garage Spaces: 2
    County: Stearns
    Year Built: 1908
    State: MN
    Property Style: Fourplex
    Zip Code: 56369
    Subdivision Name: Townsite Of Rockville

    Interior

    Bedrooms: 6
    Bathrooms: 4
    Finished Area: 3,688 ft2
    Living Area: 3,688 ft2
    Refrigerators: Four
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 12.5x32
    Garage Size: 384 ft2
    Foundation Size: 1,985 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached Garage
    Shared Amenities: None
    Road Frontage:
    • Paved Streets
    • Township
    Roof Details: Asphalt

    Rooms

    Laundry: None

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.36
    Geolocation: 45.473201, -94.336837
    Lot Dimensions: 120 x 132
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 750
    District Phone: 3206854901

    Expenses

    Annual Caretaker Expense: $2,400
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,224
    Annual Maintenance Expense: None
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: $3,000
    Tenant Expenses: Cable TV, Electricity, Gas, Heat

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,932
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,932

    Income

    Annual Gross Income: $29,220
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $21,396

    Units

    Total Units: 4

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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