$ 1,500,000
540 Northern Hills DR NE Rochester, MN 55906
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$ 1,500,000
Est. payment | /mo
$ 1,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Low Rise
Listing Status Active
Purchase Type For Sale
Subdivision Northern Hills Two-Torrens
MLS Listing ID 6630491
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
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Present Use Residential
Building
Foundation 800
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco
Schools
School District Rochester
Listed by Jonathan Espy • Infinity Real Estate
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Denise Sartor
REALTOR®