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  • $230,000

    511 11th St SE, Rochester, MN 55904

    3beds
    1,225sqft
    Single Family Residence
    Built in 1938
    9,583 sqft lot
    $227,100 Zestimate®
    $188/sqft
    $-- HOA

    What's special

    *Seller Financing Available - Below Market Interest Rates* Welcome, to this beautiful turnkey rental opportunity in the heart of beloved, Slatterly Park, Rochester. Create your investment portfolio, or collect rent before you move in! With longstanding rental history, the current tenants are leased through May 2024 @ $1649.00/mo + tenant covered utilities, snow, & lawncare | Rental Licensed with Building Safety through 2023; Renewal Jan 2024 | Net Operating Income $1307/mo . $15.6k/annum. 6.6% Cap. | Unusually Long/Deep Lot Size with "double backyard" or potential future expansion with Re-Zoning | 'Air BNB' Potential w/ proper short term licensing | Information deemed accurate, however, Buyer/Buyer's Agent to verify all information.

    Zillow last checked: 7 hours ago

    Listing updated: January 01, 2025 at 11:01pm

    Listed by:

    Jason Zubay 507-990-1034,

    Coldwell Banker Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6454601MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,225
    • Total interior livable area: 1,225 sqft
    • Finished area above ground: 1,141
    • Finished area below ground: 84

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Concrete
    • Garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    Lot
    • Size: 9,583 sqft
    • Dimensions: 59 x 175 x 71 x 162
    Details
    • Foundation area: 680
    • Parcel number: 640133001287
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Steel Siding
    Condition
    • Age of Property: 87
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Electric: 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Rochester
    • Subdivision: Auditors A

    HOA & financial

    HOA
    • Has HOA: No
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $227,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $227,100