For Sale: Rochester MLS# 7010275
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,350,000
Property Type:
Commercial
City:
Rochester
Garage Spaces:
0
County:
Olmsted
Year Built:
1978
State:
MN
Property Style:
Other
Zip Code:
55906
Subdivision Name:
Northern Hills Two-Torrens
Exterior
Garage Spaces:
0
Foundation Size:
800 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Paved Lot
Lot & Land
Acres:
0
Geolocation:
44.049713, -92.453953
Inclusions:
Leases, Rental License
Lot Dimensions:
0 x 0
Zoning:
Residential-Single Family
Schools
School District:
1929
District Phone:
5073283000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$12,308
Lender-owned:
Not Disclosed
Assessment Pending:
No
Taxes w/ Assessments:
$12,308
Units
Total Units:
58
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Infinity Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.