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For Sale:  Saint Cloud MLS# 7085202

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Active NEW!
$564,900
/mo Edit
Commercial:  Other
Built 1987
0.25 acres
St. Cloud schools
MLS# 7085202
763-576-8286
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    Property Description

    Investment opportunity in a prime St. Cloud location! This well-maintained 6-plex features spacious 4-bedroom units, each with separate electric meters, offering convenience and simplified utility management. Ideally situated near Lake George, SCSU, and Herb Brooks National Hockey Center, this property is perfectly positioned to attract college student renters and those seeking easy access to downtown amenities, dining, entertainment, and public transit. Additional income potential comes from the on-site coin-operated laundry, while off-street parking adds tenant appeal. A strong addition to any investment portfolio with a highly desirable rental location. New roof in 2017!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $564,900
    Property Type: Commercial
    City: Saint Cloud
    Garage Spaces: 0
    County: Stearns
    Year Built: 1987
    State: MN
    Property Style: Other
    Zip Code: 56301
    Subdivision Name: A A Browns Add

    Interior

    Appliances Included:
    • Dishwasher
    • Dryer
    • Range
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Air Conditioning: None
    Foundation Size: 2,604 ft2
    Handicap Accessible: Other
    Heating System: Hot Water
    Parking Features: Paved Lot
    Unit Amenities: Ceiling Fan(s)

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.25
    Geolocation: 45.552174, -94.159224
    Inclusions: Building, Fixture/Equipment, Land, Rental License
    Lot Dimensions: 82 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

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $10,788
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,788

    Income

    Annual Gross Income: $86,400

    Rent

    Annual Net Income: None

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected

    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.