# 540 Northern Hills Drive NE, Rochester, MN 55906

> **TL;DR:** commercial, $1,350,000, built 1978. Est. $5,850/mo. Listed 81 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,350,000 |
| Year Built | 1978 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 81 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,850 |
| **Total** | **$5,850** |

## Property Highlights

- Built in 1978

## Description

### Agent 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.

## Location

- **Address:** 540 Northern Hills Drive NE, Rochester, MN 55906
- **County:** Olmsted
- **Neighborhood:** Northern Hills Two-Torrens
- **Coordinates:** 44.049713, -92.453953
- **Google Maps:** https://www.google.com/maps?q=44.049713,-92.453953

## Listing Agent

- **Name:** Jonathan Espy
- **Brokerage:** Infinity Real Estate
- **Phone:** 5072732261
- **Email:** info@jonespy.com

## Primary Photo

![540 Northern Hills Drive NE - Primary Photo](http://lh.rdcpix.com/5c58e847a247f82daf3b2e3241736973l-f3438682084r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/540-northern-hills-drive-ne-rochester-mn-55906-7010275)*

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**MLS#:** 7010275 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/540-northern-hills-drive-ne-rochester-mn-55906-7010275)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "540 Northern Hills Drive NE, Rochester, MN 55906",
  "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.",
  "url": "https://www.propertysimple.com/listing/540-northern-hills-drive-ne-rochester-mn-55906-7010275",
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  "datePosted": "2026-04-24",
  "price": 1350000,
  "priceCurrency": "USD",
  "address": {
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    "streetAddress": "540 Northern Hills Drive NE",
    "addressLocality": "Rochester",
    "addressRegion": "MN",
    "postalCode": "55906",
    "addressCountry": "US"
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  "yearBuilt": 1978
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```