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Saint Cloud,MN 56301
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6674959
Year Built 1954
Annual Tax Amount $5,064
Tax Year 2024
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 59x110
Property Sub-Type Apartment
Property Description
5-Plex for sale with many recent updates featuring Five Large 2-Bedroom Units generating $3,540 in monthly income with a solid history of long term tenants & few vacancies. Brand New $45,000 Roof in 2021 & parking lot. Most units have been updated over the past 4 years with flooring, paint, some fixtures, and appliances. The 4 above ground units rent for $800 a month and pay their own electric/heat, basement unit rents for $500 a month with owner paying all utilities. Owner pays garbage, water, sewer, basement unit utilities and common areas. Each of the three separate garage stalls rent for $30 a month. Owner owns the coin washer/dryer set for around $400-$500 in additional income annually. Great location close to Downtown and SCSU. Tenants will enjoy the fenced in backyard with firepit, adequate off street parking, onsite washer/dryer and full basement for storage. Ideal turn-key investment property in good condition with solid tenants for immediate cash flow.
Location
State MN
County Stearns
Zoning Residential-Multi-Family
Rooms
Basement Full,Partially Finished,Storage Space
Interior
Heating Boiler
Cooling Window Unit(s)
Inclusions Building,Leases,Rental License
Fireplace No
Appliance Range,Refrigerator
Exterior
Parking Features Detached,Asphalt,Unassigned
Garage Spaces 3.0
Utilities Available Electric Separate,Heating Separate
Roof Type Flat,Rubber
Present Use Residential
Building
Lot Description Corner Lot,Tree Coverage - Light
Story Two
Foundation 2079
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories Two
Structure Type Stucco
Schools
School District St. Cloud