540 Northern Hills Ne Drive, Rochester, Minnesota 55906

MN, Rochester
$1,340,000
  • Commercial Sale Property Type
  • 1978 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Contact Kyle Synowczynski
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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6630491
  • Price: $1,340,000
  • Year Built: 1978
  • Listing Status: Active
  • Office Name: Infinity Real Estate
  • Property Sub Type: Low Rise
Features
  • Heating System Forced Air
  • Parking Paved
  • Utilities Electric Separate,Heating Separate,Hot Water Common
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Olmsted
  • City Rochester
  • Zipcode 55906
  • Street: Northern Hills
  • Street Number: 540
  • Street Suffix: Drive
  • Longitude: W93° 32' 45.8''
  • Latitude: N44° 2' 59''
  • Directions: Corner of Broadway Ave N & Northern Hills Dr NE
  • Street Dir Suffix: NE
Neighborhood
  • High School District: Rochester
MLS Addon
  • Office Name: Infinity Real Estate
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 800
  • Construction Materials: Stucco
  • Current Use: Residential
  • Lot Size Dimensions: 0x0
  • Number Of Units Total: 58
Financial
  • Tax Annual Amount: 12308
Listing Information
  • List Agent Mls Id: 503502459
  • List Office Mls Id: 26889
  • Modification Timestamp: 2025-04-30T14:14:03Z
  • Originating System Name: NorthStar
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