540 Northern Hills DR NE, Rochester, MN 55906
540 Northern Hills DR NE, Rochester, MN 55906
540 Northern Hills DR NE, Rochester, MN 55906
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$1,285,000
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Contingent

540 Northern Hills DR NE Rochester, MN 55906

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Lars Anderson

Lars Anderson

+1(651) 497-1666

UPDATED:

Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

Subdivision Northern Hills Two-Torrens

MLS Listing ID 7010275

Year Built 1978

Annual Tax Amount $12,308

Tax Year 2024

Contingent Inspection

Property Description

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.

Location

State MN

County Olmsted

Zoning Residential-Single Family

Interior

Heating Forced Air

Inclusions Leases, Rental License

Fireplace No

Exterior

Parking Features Paved Lot

Utilities Available Electric Separate, Heating Separate, Hot Water Common

Present Use Residential

Building

Foundation 800

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Rochester

Listed by Jonathan Espy • Infinity Real Estate

NEARBY SCHOOL & BUSINESS

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Lars Anderson

Lars Anderson

Agent | License ID: 40584523

+1(651) 497-1666

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540 Northern Hills DR NE

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