537 Northern Hills Drive NE, Rochester, MN 55906 (MLS# 6788174)
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$3,500,000
537 Northern Hills Drive NE
Rochester, MN 55906
MLS# 6788174
Status:
Closed
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!
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
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
House Number: 537
Street Name: Northern Hills
Street Suffix: Drive
Street Direction Suffix: NE
Postal City: Rochester
County: Olmsted
Complex/Dev/Subdivision: Northern Hills One-Torrens
Tax With Assessments: 25408
Building Finished SqFt: 25600
Building SqFt: 25600
Land Leased: Not Applicable
Sale Includes: Building, Leases, Rental License
No. of 2 Bedroom Units: 32
Air Conditioning: Central Air
Amenities Unit: Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Assumable Loan: Not Assumable
Construction Materials: Block; Concrete
Construction Status: Previously Owned
Loan Terms: Cash; Contract for Deed; Conventional
Location Description: Free Standing
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
Sewer: City Sewer/Connected
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
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Monday 25th of May 2026 07:06 AM