For Sale: Saint Cloud MLS# 7027909
Active
NEW!
$699,900
Commercial: 2 Stories
16 br • 8 ba • Built 1968
0.37 acres
MLS# 7027909
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Property Description
Updated 8 unit apartment building features brick exterior and a new roof installed in 2021. Recent capital improvements include updated windows, exterior lighting, and new wall-mounted air conditioning units. Four of the eight units have undergone significant renovations, with most units offering updated appliances. Additional amenities include convenient on-site coin-op laundry facilities for tenant use.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$699,900
Property Type:
Commercial
City:
Saint Cloud
Garage Spaces:
0
County:
Stearns
Year Built:
1968
State:
MN
Property Style:
2 Stories
Zip Code:
56303
Subdivision Name:
Central Park Add
Interior
Bedrooms:
16
Bathrooms:
8
Flooring:
Carpet, Vinyl
Refrigerators:
One
Appliances Included:
- Range
- Refrigerator
Basement Details:
Finished
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
3,168 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Parking Lot
- Paved Lot
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Pool:
None
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.37
Geolocation:
45.564912, -94.197249
Inclusions:
Building
Lot Dimensions:
146 x 119 x 16 x 105 x 125
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
2249
District Phone:
3202539333
Expenses
Tenant Expenses:
Broadband, Cable TV, Electricity, Telephone
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,834
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,898
Income
Annual Gross Income:
$88,115
Rent
Annual Net Income:
$50,712
Units
Total Units:
8
Miscellaneous
Current Use:
Commercial
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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!
Listing provided by RMLS,
courtesy of Premier Real Estate Services.
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.