Active

540 Northern Hills Drive NE

Rochester MN, 55906

$1,425,000


$1,781.25 per sqft

Active

800 sqft

Commercial

Built in 1978

Exciting opportunity to purchase 17 individually titled condo units in the same association! Fully rented units with great cash flow. Association fee $170/unit/month. Association fee covers lawn, snow, garbage & water. Tenant pays all other utilities. Sale includes 17 units individually titled. 15 units in 540 building, 2 units in 602 building. 58 total units between the two buildings.

6630491

MLS ID

November 13, 2024

Listed

December 3, 2024

Updated

Map

540 Northern Hills Drive NE
Rochester MN, 55906

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Sewer

City Sewer/Connected

School Information

School District

Rochester

Other Property Details

Taxes

$12,308


Tax Frequency

Annually


Days on Market

20


Garage

No


Parking

Paved


View

No


County

Olmsted


Water Source

City Water/Connected


Pool

No

Listing History

Date

Event

Price

12/3/2024

Price change

$1,425,000

-5%

 

Courtesy of Infinity Real Estate

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Jake Huglen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Northstar MLS. All rights reserved. 

Data last updated 4:56 PM UTC, 12/3/2024

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