Pending

540 Northern Hills Drive NE Rochester, MN - Image 1

540 Northern Hills Drive NE Rochester, MN - Image 2

540 Northern Hills Drive NE Rochester, MN - Image 3

540 Northern Hills Drive NE Rochester, MN - Image 4

540 Northern Hills Drive NE Rochester, MN - Image 5

540 Northern Hills Drive NE Rochester, MN - Image 6

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Pending

$1,285,000

0 Beds 0 Baths 0 SQFT 0.00 Acres

Type: Pending

540 Northern Hills Drive NE
Rochester, MN 55906

MLS#: 7010275

Octavio Cortes

The Real Estate Advantage

Realtor

Phone: 507.269.3787

Office: 651.272.4688

Visit Website

Presented by: Infinity Real Estate

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.

Interior Features

Other Interior Features

Basement (Y/N)No

FuelNatural Gas

General

AccessibilityNone

Additional Parcels Y/NNo

CityRochester

ContingencyNone

CountyOlmsted

Current UseResidential

DirectionsCorner of Broadway Ave N & Northern Hills Dr NE

Garage Spaces0

HeatingForced Air

High School DistrictRochester

Land Lease Y/NNo

Lender OwnedNot Disclosed

Lot Size UnitsAcres

New ConstructionNo

Number Of Units Total58

PostalCityRochester

Property TypeCommercial Sale

SewerCity Sewer/Connected

Standard StatusPending

Subdivision NameNorthern Hills Two-Torrens

Tax Annual Amount$12,308

Tax Year2024

UtilitiesElectric Separate, Heating Separate, Hot Water Common

Year Built1978

Zoning DescriptionResidential-Single Family

Exterior

Foundation Area800 sqft

InclusionsLeases, Rental License

Lot Size Area0 sqft

Parking FeaturesPaved Lot

Water SourceCity Water/Connected

Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School N/A

Elementary School N/A

High School N/A

Similar Properties

$1,285,000

0 Beds 0 Baths 0 SQFT 0.00 Acres

Type: Pending

540 Northern Hills Drive NE
Rochester, MN 55906

MLS#: 7010275

Octavio Cortes

The Real Estate Advantage

Realtor

Phone: 507.269.3787

Office: 651.272.4688

Visit Website

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$1,285,000

540 Northern Hills Drive NE
Rochester, MN 55906

Property Description

Interior Features

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,285,000

540 Northern Hills Drive NE
Rochester, MN 55906

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$1,285,000

540 Northern Hills Drive NERochester, MN 55906

Property Description

Interior Features

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,285,000

540 Northern Hills Drive NERochester, MN 55906

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540 Northern Hills Drive NE
Rochester, MN 55906

540 Northern Hills Drive NE
Rochester, MN 55906