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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.
Property Features
Property Type: Commercial - Business
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0
Taxes: $12,308
Year Built: 1978
Feature Descriptions
Current Use: Residential
Days on Site: 230
Foundation Size: 800
Lot Dimensions: 0x0
Parcel#: 742521016778
Parking: Paved Lot
Sale Includes: Leases, Rental License
Sewer: City Sewer/Connected
Units: 58
Utilities: Electric Separate, Heating Separate, Hot Water Common
Water: City Water/Connected
Local Schools
School District: Rochester
Listed By / Shown By
Listed By
Agency Name: Infinity Real Estate
Agency Phone: 507-550-1052
Shown By
Agency Title: Counselor Realty - Alexandria
Agency Phone: (320) 762-1111
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540 Northern Hills Drive Ne | MLS# 7010275
This commercial property located at 540 Northern Hills Drive Ne, Rochester, MN 55906 is currently listed for sale with an asking price of $1,285,000. Northern Hills Drive Ne is located within the Rochester school district. Search Rochester real estate on www.counselorrealtyalex.com today.