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For Sale:  Saint Cloud MLS# 7084534

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Active NEW!
$495,000
/mo Edit
Multi-family:  Duplex Side by Side
8 br • 4 ba • Built 1925
2,288 sqft • 0.2 acres
St. Cloud schools
MLS# 7084534
763-576-8286
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    Property Description

    This property is being sold as a package which includes 3 duplexes, for a total of 6 units. Square footage listed is for one building. Both buildings on this parcel are the same size. This parcel contains 2 of the duplexes and this is being sold with the property next door 523 8th Ave N, that has the third duplex. Here is your chance to own nice properties with good cash flow. All units are rented and most tenants have been here for years. Updated roofs on all 3 buildings in 2023. Close to parks, the hospital and downtown. Great investment property! All units are occupied. Photos are from vacancies between tenants. Laundry in all 4 units. Forced Air Furnaces.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $495,000
    Price per sq ft: $216
    Property Type: Multi-family
    City: Saint Cloud
    Garage Spaces: 0
    County: Stearns
    Year Built: 1925
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56303
    Subdivision Name: Town St Cloud

    Interior

    Bedrooms: 8
    Bathrooms: 4
    Finished Area: 2,288 ft2
    Living Area: 2,288 ft2
    Refrigerators: Four
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,144 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Open
    Road Frontage: City Street
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.2
    Geolocation: 45.565043, -94.166636
    Lot Dimensions: 66 x 132
    Zoning: Residential-Multi-Family

    Schools

    School District: 742
    District Phone: 3202539333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas, Heat, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,248
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,248

    Income

    Annual Gross Income: $43,169

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water - In Street
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.