537 2nd St NW

—
Baths
2,360 Sq. Ft.
$74 / Sq. Ft.
2,360
Sq. Ft.
$74
per Sq. Ft.

Description

Great Investment opportunity near Downtown Rochester! This property lends itself to be a great investment multifamily rental. This is a ''turn key'' opportunity. Plus there is a new roof, new carpeting, new paint, updated kitchens, bathrooms, landscaping and more improvements made by the current owner! Buyer to confirm all room and lot dimensions related to this property. Coin Operated Laundry!Great Investment opportunity near Downtown Rochester! This property lends itself to be a great investment multifamily rental. This is a ''turn key'' opportunity. Plus there is a new roof, new carpeting, new paint, updated kitchens, bathrooms, landscaping and more improvements made by the current owner! Buyer to confirm all room and lot dimensions related to this property. Coin Operated Laundry!
  1. Listed by Robert Beeman • Realty Growth, Inc.
    P: (507)-285-1610 buckybeeman@me.com
  2. Listed by Dylan Carty
    Dylan@rgi-group.com

Property Details for 537 2nd Street Northwest

Subdivision Name
Northern Addition
Waterfront YN
No
LISTING CLOSED: 10/02/2014 12:00 AM

Property Details for 537 2nd Street Northwest

StatusSold
MLS #2172131
Days on Compass102
Taxes$3,156 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Other
Year Built1920
Lot Size0.15 AC / 6,534 SF
CountyOlmsted County

Location

Listing Courtesy of Realty Growth, Inc.

Sold By RE/MAX Results - Rochester

Add your commute

Building Information for 537 2nd Street Northwest

Stories2Residences3Year Built1920Building Size-Lot Size0.15 AC / 6,534 SF

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$1,130 per month

30 year fixed, 6.36% Interest

Principal and Interest

$867

Property Taxes

$263

HOA Dues

$0

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Property Information for 537 2nd Street Northwest

Summary
Location and General Information
  • Directions: From North Broadway head west on Civic Center Drive. Take a right on 4th Ave NW into Cook park neighborhood. Take a right on 6th St NW Rochester and the house is on the corner of 2nd Ave NW.
  • Latitude: 0
  • Longitude: 0
  • Range: 14.00
  • MLSArea Major: LSAR
  • Road Frontage Type: City Street
Parking
  • Garage Spaces: 1.0
  • Garage Type: Detached
School Information
  • High School District: Rochester #535
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 3156
  • Twp Number: 107.00
  • Parcel Number: 74.35.13.015666
  • Tax Annual Amount: $3,156.00
  • Tax Legal Description: SECT-35 TWP-107 RANGE-014 NORTHERN ADD LOT-004 BLOCK-010 E80FT LOT 4 BLK 10 & SECT-35 TWP-107 RANGE-014 NORTHERN ADD...
  • Tax Year: 2013
Property
Lot Information
  • Above Grade Finished Area: 2360.0
  • Below Grade Finished Area: 0.0
  • Living Area: 2360.0
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 85 X 81
  • Basement Square Feet: ***
  • Condo Type: Other
  • Construction Type: Concrete Block,Frame/Wood
Property and Assessments
  • Assessment Balance: 0
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Public Survey Section: 35.00
  • Year Built: 1920
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Multi Family
Income & Expenses
  • Gross Income: $11,260
  • Other Yearly Expenses: 24792
Multi Family Information
  • Number Of Units Total: 3
Unit Information
Unit 1
  • Unit Leased: Yes
  • Unit Level: 1st
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Leased: No
  • Unit Level: 1st
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Leased: Yes
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Type: Unit 4
Unit 5
  • Unit Type Type: Unit 5
Unit 6
  • Unit Type Type: Unit 6
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Foundation Details: Concrete, Other, Stone
  • Stories Total: 2
Interior Features
  • Basement: Crawl Space, Full
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Coin Operated Owned
  • Basement Features: Unfinished
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • Management Company: ***
  • Management Company Phone Email: ***
  • Transaction Type: For Sale
Rental
Rent Information
  • Lender Owned: No
  • Rental License: Yes
  • Occupant Type: Rental
  • Tenant Pays: Internet, Cable TV, Electricity

Property History for 537 2nd Street Northwest

DateEvent & SourcePriceAppreciation
Oct 2, 2014

Sold

Lake Superior Area REALTORS #2172131

$174,000—
Aug 12, 2014

Pending

Lake Superior Area REALTORS #2172131

—
May 2, 2014

Listed (Active)

Lake Superior Area REALTORS #2172131

$184,000—
DateEvent & SourcePrice
10/02/2014

Sold

Lake Superior Area REALTORS #2172131

$174,000
08/12/2014

Pending

Lake Superior Area REALTORS #2172131

—
05/02/2014

Listed (Active)

Lake Superior Area REALTORS #2172131

$184,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 537 2nd Street Northwest

This home is within Rochester Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Bishop Elementary School
PublicPK to 5

John Adams Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

RPS Online Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Growth, Inc.

Based on information submitted to the MLS GRID as of 05/02/2025 01:52 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.