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Olmsted County, MN

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Olmsted County, MN

$115,000 · ROCHESTER, MN 55906
Works for flippers · Works for landlords

Available

$115,000Asking price

2 bd · 1 ba · 706 sq ft · built 1950

ROCHESTER, MN 55906

Contract on file

via InvestorLift Classic

3 views · listed 7 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $200,000
Asking price: −$115,000
RepairsMiddle of the seller’s $30,000 – $40,000. Ours: $19,000 – $34,500: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$13,528
Profit18.2% of ARV · flippers want 10%+: $36,472
Works

Works for a flipper up to $130,000.

FIRST MILL, LLC

Sonny Grigorian

No reviews yet

Comps

Sales

Rents

ARV $200,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $175,000.

The sales behind this value are shown to members.

ARV $200,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FIRST MILL, LLC

Sonny Grigorian

No reviews yet

Seller Description

Cozy SFR to FLIP with Big Upside

ASKING: 115K

ARV: 200K

2 beds / 1 bath / detached garage
706 SqFt living area / 4,856 SqFt LOT
Water heater less than 5 years old
Partial basement in good condition and bathroom (toilet and shower)
Less than 10 minutes walking from several parks
Under 2 miles from downtown & more recreation!

COMPS:

1530 3rd St NE, Rochester, MN 55906-4541 May/2026 SOLD 226K RENOVATED
217 15th Ave NE, Rochester, MN 55906-4514 Sep 1, 2026 SOLD 210K RENOVATED
1216 5th St SE, Rochester, MN 55904 09/2026 SOLD 170K RENOVATED

ESCROW: CloseLine

COE: 12/15/26

Vacant

Access: By appointment only, contact me to view property

CALL OR TEXT NOW (602) 780-2456 SONNY

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

Investorlift
MN
Rochester
55906
ROCHESTER, MN 55906

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