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Active NEW!
$359,900
/mo Edit
Multi-family:  Apartments
12 br • 4 ba • Built 1971
4,062 sqft • 0.19 acres
St. Cloud schools
MLS# 7085128
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    Property Description

    Investment opportunity in a prime St. Cloud location! This 4-plex features spacious 3-bedroom units, each with separate gas furnaces and electric meters, individual laundry in basement, and tons of storage, offering convenience and simplified utility management. Ideally situated adjacent to Haws Park and just a short walk from the 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 coin-operated laundry in every unit, while off-street parking adds tenant appeal. A strong addition to any investment portfolio with a highly desirable rental location. Property must be sold as a package with neighboring 626 11th St. S. (MLS #7085036)

    Listing

    Contingency: None
    Price per sq ft: $89
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Apartments
    Zip Code: 56301
    Subdivision Name: James Bowes Add

    Interior

    Living Area: 4,062 ft2
    Refrigerators: One Per Unit
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,080 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Paved Lot
    Shared Amenities: Coin-op Laundry Owned

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.19
    Geolocation: 45.547721, -94.15705
    Lot Dimensions: 99 x 86
    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: $5,126
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,268

    Income

    Annual Gross Income: None
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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.