540 Northern Hills DR NE, Rochester, MN 55906
540 Northern Hills DR NE, Rochester, MN 55906
540 Northern Hills DR NE, Rochester, MN 55906
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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David Nelson

David Nelson

+1(612) 986-4670
$ 1,285,000
Est. payment | /mo
Save
$ 1,285,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Listing Status Pending

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 None

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 Locations

David Nelson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(612) 986-4670

david@imperialhometeam.com

3609 Shepherd Hills Drive, Bloomington, Minnesota 55431, USA

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540 Northern Hills DR NE