537 Northern Hills Drive NE, Rochester, MN 55906 (MLS# 6788174)


$3,500,000
537 Northern Hills Drive NE
Rochester, MN 55906
MLS# 6788174
Status: Closed



537 Northern Hills Drive NE, Rochester, MN 55906
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537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906 537 Northern Hills Drive NE, Rochester, MN 55906

Property Description
Rare opportunity to purchase an entire building with 32 individually titled condos! Has been operated long-term by the same owner as apartments, but the opportunity exists to sell condo units individually! Concrete construction provides a solid foundation to this building and excellent sound deadening between units! All units are 2 bedrooms with 800 sq ft and feature central heat/ac & laundry in unit!

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-11-18
Current Price: 3000000
Closed Date: 2025-10-31
Sales Close Price: 3000000
Contingency: None
ListPrice: 3500000
List Date: 2025-09-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 8000
For Sale or Lease: For Sale
Acres: 1
Lot Dimensions: irregular
Location Tax and Other Information
House Number: 537
Street Name: Northern Hills
Street Suffix: Drive
Street Direction Suffix: NE
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55906
Complex/Dev/Subdivision: Northern Hills One-Torrens
Assessments
Tax With Assessments: 25408
Building Information
Building Finished SqFt: 25600
Building SqFt: 25600
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 14
Section#: 25
Township#: 107
Sale Options
Sale Includes: Building, Leases, Rental License
Unit 1
Unit Number: 1
Unit 2
No. of 2 Bedroom Units: 32
Unit Details
Total Units: 32
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Assumable Loan: Not Assumable
Basement: None
CMU Style: Low Rise
Construction Materials: Block; Concrete
Construction Status: Previously Owned
Current Use: Residential
Exterior: Block; Stucco
Flooring: Concrete Slab
Foundation: Slab
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Contract for Deed; Conventional
Location Description: Free Standing
Lock Box Type: None
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Owner Pays: Exterior Maintenance; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Management; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water
Parking Characteristics: Paved Lot
Rental License Type: Standard
Roof: Flat; Rubber
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Pays: Broadband; Cable TV; Electricity; Fuel; Gas; Heat; Hot Water; Telephone
Wall Description: Concrete/Block
Water: City Water/Connected

Listing Office: Infinity Real Estate

Last Updated: January - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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