714 N Broadway Ave

—
Baths
1,920 Sq. Ft.
$182 / Sq. Ft.
1,920
Sq. Ft.
$182
per Sq. Ft.

Description

Updated duplex with a 3 bed 1 bath unit and 2 bed 1 bath unit. Kitchens, bathrooms, flooring, paint and fixtures have all been updated! This unit has been a cash cow as a nightly rental property and has bookings in place currently which the new buyer can take advantage of. Walking distance to Mayo Clinic, restaurants, & convenient stores. Silver Lake walking paths and green spaces a few blocks away. Walking distance to May field where the Northwoods League; Rochester Honkers baseball team plays....Updated duplex with a 3 bed 1 bath unit and 2 bed 1 bath unit. Kitchens, bathrooms, flooring, paint and fixtures have all been updated! This unit has been a cash cow as a nightly rental property and has bookings in place currently which the new buyer can take advantage of. Walking distance to Mayo Clinic, restaurants, & convenient stores. Silver Lake walking paths and green spaces a few blocks away. Walking distance to May field where the Northwoods League; Rochester Honkers baseball team plays. Perfect opportunity for the next investor to cash flow right away.
  1. Listed by Jacob Waldman
    P: (507)-218-1057 C: (612)-281-4313 jake.waldman@evrealestate.com

Property Details for 714 North Broadway Avenue

Zoning Jurisdiction
Residential-Multi-Family
LISTING CLOSED: 06/06/2024 12:00 AM

Property Details for 714 North Broadway Avenue

StatusClosed
MLS #6531607
Days on Compass7
Taxes$2,508 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex Up and Down
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyOlmsted County

Location

Sold By Re/Max Results

Add your commute

Building Information for 714 North Broadway Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

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$1,953 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,744

Property Taxes

$209

HOA Dues

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Property Information for 714 North Broadway Avenue

Summary
Location and General Information
  • City Name: Rochester
  • County Or Parish: Olmsted
  • County: Olmsted-MN
  • Directions: At the intersection of Broadway Ave N and 7th St NE
  • Latitude: 44.030955
  • Longitude: -92.462594
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Rochester
  • City and Location Text: Rochester(MN)
  • Postal Code: 55906
  • State Or Province: MN
  • Public Survey Township: 107
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 743514016007
  • Tax Annual Amount: $2,508.00
  • Tax Legal Description: SECT-35 TWP-107 RANGE-014 NORTHERN ADD LOT-004 BLOCK-032 LOT 4 BLK 32
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 2508.0000
School Information
  • Elementary School: Sunset Terrace
  • High School: Mayo
  • High School District: 535 - Rochester
  • Middle Or Junior School: Willow Creek
  • School District Number: 535
  • School District Phone: 507-328-3000
Property
Lot Information
  • Above Grade Fin SQFT: 1920.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1920.0
  • Lot Features: Public Transit (w/in 6 blks)
  • Lot Size Area: 0.13
  • Lot Size Dimensions: 131x43
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 960.0000
  • Building Area Total: 1920.0
  • Above Grade SqFt Total: 1920.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 125
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Fencing: Partial, Privacy, Wood
  • Foundation Area: 960.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Sidewalks, Street Lights, Storm Sewer
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt, Pitched
  • Patio Porch Type: Front Porch,Patio
Interior Features
  • Basement Type: Unfinished
  • DP Resource: Y
  • Garage Square Feet: 0
  • Heating: Boiler, Hot Water
  • Levels: Two
  • Number of Refrigerator: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 960
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 12x12
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Dimensions: 12x8
  • Bedroom 2 Room Level: Upper
  • Bedroom 3 Room Dimensions: 12x10
  • Bedroom 3 Room Level: Upper
  • Bedroom 4 Room Dimensions: 11x10
  • Bedroom 4 Room Level: Upper
  • Kitchen Room Dimensions: 11x10
  • Kitchen Room Level: Upper
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 29950
  • Unit Furnished: Yes
Unit 2
  • Unit Amenities: Ceiling Fan(s)
  • Unit Appl: Dishwasher, Stainless Steel Appliances
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 2
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 6
  • Unit SqFt: 960
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Dining Room Dimensions: 12x8
  • Dining Room Level: Main (Ground)
  • Extra Room 1 Dimensions: 12x10
  • Extra Room 1 Level: Main (Ground)
  • Extra Room 2 Dimensions: 12x10
  • Extra Room 2 Level: Main (Ground)
  • Family Room Dimensions: 14x12
  • Family Room Level: Main (Ground)
  • Licing Room Dimensions: 14x10
  • Living Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 29950
  • Unit Furnished: Yes

Property History for 714 North Broadway Avenue

DateEvent & SourcePriceAppreciation
Jun 6, 2024

Sold

NorthStar #6531607

$349,900—
Jun 3, 2024

Sold (Public Record)

Public Record #1537834258

$349,900

+10.7% / yr

May 15, 2024

Pending

NorthStar #6531607

—
DateEvent & SourcePrice
06/06/2024

Sold

NorthStar #6531607

$349,900
06/03/2024

Sold (Public Record)

Public Record #1537834258

$349,900

+10.7% / yr

05/15/2024

Pending

NorthStar #6531607

—

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

Public Records for 714 North Broadway Avenue

Taxable ValueLand$44,500Additions$119,500Total$164,000
Tax Record2024$2,558 ($213 / month)
Home Facts
Total Finished SqFt1,013 SqFtAbove Grade Finished SqFt1,013 SqFtLot Size5,576 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1995CountyOLMSTEDAPN74.35.14.016007

Schools near 714 North Broadway Avenue

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 5
Rating
School
Distance
Jefferson Elementary School
PublicPK to 5

Kellogg Middle School
Public6 to 8

Century Senior High School
Public9 to 12

Washington Elementary School
PublicK to 5

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.

Based on information submitted to the MLS GRID as of 06/07/2025 01:37 AM. 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.