, Rochester, MN 55906 (MLS# 6788174)

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Rochester, MN 55906

$3,000,000

Property Type: Commercial Square Footage: 25,600 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $3,000,000 List Date: 9/12/2025 Last Modified: 1/27/2026

Overview

Description

Rare opportunity to purchase an entire building with 32 individually titled condos! Has been operated long-term by the same owner as apartments, but the opportunity exists to sell condo units individually! Concrete construction provides a solid foundation to this building and excellent sound deadening between units! All units are 2 bedrooms with 800 sq ft and feature central heat/ac & laundry in unit!

Listing Details MLS# 6788174

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 8000
For Sale or Lease: For Sale
Acres: Yes
Lot Dimensions: irregular

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: None CMU Style: Low Rise Construction Materials: Block; Concrete Construction Status: Previously Owned Current Use: Residential Exterior: Block; Stucco Flooring: Concrete Slab Foundation: Slab Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional Location Description: Free Standing Lock Box Type: None On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Owner Pays: Exterior Maintenance; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Management; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Paved Lot Rental License Type: Standard Roof: Flat; Rubber Sewer: City Sewer/Connected Stories: Three Or More Tenant Pays: Broadband; Cable TV; Electricity; Fuel; Gas; Heat; Hot Water; Telephone Wall Description: Concrete/Block Water: City Water/Connected

Contract Information

Off Market Date: 2025-11-18
Closed Date: 2025-10-31
Sales Close Price: 3000000
Contingency: None
ListPrice: 3500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55906
Complex/Dev/Subdivision: Northern Hills One-Torrens

Assessments

Tax With Assessments: 25408

Building Information

Building Finished SqFt: 25600
Building SqFt: 25600

More Information

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: Building, Leases, Rental License

Unit 1

Unit Number: Yes

Unit 2

No. of 2 Bedroom Units: 32

Unit Details

Total Units: 32

Listing Office: Infinity Real Estate

Last Updated: January - 27 - 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.