540 Northern Hills Drive NE Rochester, MN 55906
Pending MLS# 7010275
800 sq ft Commercial
Details for 540 Northern Hills Drive NE
MLS# 7010275
Description for 540 Northern Hills Drive NE, Rochester, MN, 55906
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.
Listing Information
Property Type: Commercial, Low Rise (3- Levels)
Status: Pending
Square Feet: 800 sq ft
Year Built: 1978
Foundation: 800 sq ft
Subdivision: Northern Hills Two-Torrens
Number Of Units Total: 58
Current Use: Residential
County: Olmsted
Days On Market: 136
Construction Status: Previously Owned
School Information
District: 535 - Rochester
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Common
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Parking Description: Paved Lot
Exterior: Stucco
Lot Dimensions: 0x0
Zoning: Residential-Single Family
Additional Exterior/Lot Features: Land Inclusions - Leases,Rental License
Driving Directions
Corner of Broadway Ave N & Northern Hills Dr NE
Financial Considerations
Tax/Property ID: 742521016778
Tax Amount: 12308
Tax Year: 2024
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Infinity Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Sales History & Tax Summary for 540 Northern Hills Drive NE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 540 Northern Hills Drive NE
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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