414 12th Avenue Se, Rochester, MN 55904

Property Description

Well-maintained and thoughtfully updated triplex offering a strong investment opportunity or ideal owner-occupant setup. This property features three units: two 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit. All units were remodeled between 2022?2023 with modern updates throughout, including refreshed kitchens, newer stoves and refrigerators, countertops, sinks, updated bathrooms with new tubs/showers, toilets. Units were also freshly painted and new flooring. Metal roof 2012. Updated water heater and water softener 2022. The improvements provide a clean, contemporary feel that appeals to today's renters. Each unit has its own separate electrical meter, adding convenience for management and tenant billing. Tenants will also appreciate the added value of the detached garage stalls?one per unit?offering secure parking. With solid updates already completed and desirable amenities in place, this triplex is a turnkey property with strong rental potential. Rental certificate expires 8/1/29. Units 2 and 3 have leases expiring 2/28/27. Unit 1 available May 15th 2026. Unit 3 has laundry ? new washer/dryer 2022. Close to downtown.