540 Northern Hills DR NE new

Rochester,MN 55906

$ 1500000

- Bed

- Bath

- SqFt


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

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

Exterior

Garage Paved

Utilities Available Electric Separate,Heating Separate,Hot Water Common

Building

Foundation 800

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Stucco

Schools

School District Rochester

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