Home › 540 Northern Hills Drive NE, Rochester, MN 55906 (MLS# 7010275)

540 Northern Hills Drive NE, Rochester, MN 55906 (MLS# 7010275)

$1,285,000
540 Northern Hills Drive NE
Rochester, MN 55906
MLS# 7010275

540 Northern Hills Drive NE, Rochester, MN 55906
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540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906 540 Northern Hills Drive NE, Rochester, MN 55906

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.

Details
Maps
Contract Information
Status: Active
Current Price: 1285000
Contingency: None
ListPrice: 1285000
List Date: 2026-01-19
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Foundation Size: 800
For Sale or Lease: For Sale
Lot Dimensions: 0x0
Assessment Pending: No
Location Tax and Other Information
House Number: 540
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 Two-Torrens
Assessments
Tax With Assessments: 12308
Building Information
Building Finished SqFt: 800
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: Leases, Rental License
Unit 1
Unit Number: 1
Leased?: Yes
Lease Expiration Date: 2024-12-31
Unit 2
No. of 2 Bedroom Units: 17
Unit Details
Total Units: 58
Property Features
Accessible: None
CMU Style: Low Rise
Construction Status: Previously Owned
Current Use: Residential
Exterior: Stucco
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Parking Characteristics: Paved Lot
Rental License Type: Standard
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Office: Infinity Real Estate

Last Updated: October - 15 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 18th of October 2026 10:11 PM

218-998-4400

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