For Sale: Saint Cloud MLS# 6777523
Active
NEW!
$1,100,000
Commercial: Apartments
Built 1987
0.64 acres
St. Cloud schools
MLS# 6777523
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Great Investment Opportunity! 12 unit apartment building across from SCSU hockey center! and near public access to mississippi river All units are 4 bedroom/1 bath. Plenty of parking. Access from 2 different streets.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,100,000
Property Type:
Commercial
City:
Saint Cloud
Garage Spaces:
0
County:
Stearns
Year Built:
1987
State:
MN
Property Style:
Apartments
Zip Code:
56301
Exterior
Garage Spaces:
0
Other Parking Spaces:
30
Air Conditioning:
Wall Unit(s)
Foundation Size:
5,000 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Hot Water
Parking Features:
Other
Exterior Material:
- Brick/Stone
- Vinyl Siding
Lake & Waterfront
Waterfront Present:
N
Waterfront Name:
Mississippi River
DNR Lake ID#:
S9990870
Lake Chain Name:
N
Lake Acres:
0
Lake Depth:
0
Waterfront:
Pond
Lot & Land
Acres:
0.64
Geolocation:
45.5443438315, -94.1535516563
Inclusions:
Building, Leases
Lot Dimensions:
210 x 132
Zoning:
Residential-Multi-Family
Schools
School District:
742
District Phone:
320-253-9333
Expenses
Annual Caretaker Expense:
$6,000
Annual Electric Expense:
$5,000
Annual Fuel Expense:
$7,000
Annual Insurance Expense:
$5,000
Annual Maintenance Expense:
$32,000
Annual Trash Expense:
$3,000
Annual Water/Sewer Expense:
$10,500
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$18,074
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$18,823
Income
Annual Gross Income:
$164,000
Rent
Annual Net Income:
$75,557
Units
Total Units:
12
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 RES Realty.
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.