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Pending
$2,800,000
/mo   Edit
MLS# 5674348
Commercial
Built 1966
0.25 acres
St. Cloud schools
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    Description:   Fantastic income potential with this investment package of 14 4-plex Buildings. Each Building offers 2 washers/dryers and each unit offers 840 SF of living space. You'll find a total of 14 - 1+ BR units & 42 -2 BR units. Each kitchen equipped w/ range and refrigerator & several units include dishwashers & microwaves. All units have A/C and large, off - street parking lots to accommodate 98+ parking spaces. Low maint. brick exterior with newer roof & updated windows. A convenient location & well maintained property, this is a great package for the serious investor!
    List Price: $2,800,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Pending
    Contingency: None
    Property Style: Apartments
    Year Built: 1966
    City: Saint Cloud
    County: Benton
    State: MN
    Zip Code: 56304

    Interior

    Building Fin Sq Ft: 47,040 ft²
    Appliances Included: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit

    Exterior

    Air Conditioning: Wall Unit(s)
    Heating System: Baseboard
    Foundation Size: 1,680 ft²
    Shared Amenities: Coin-op Laundry Owned
    Handicap Accessible: None
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 98
    Roof Details: Pitched, Age 8 Years or Less

    Lot

    Acres: 0.25
    Latitude: 45.56623999
    Longitude: -94.13302698
    Lot Size Dim.: 104x105
    Dev/Complex Name: Woodland Terrace
    Zoning: Residential-Multi-Family

    Schools

    School District: 742
    District Phone: 320-253-9333

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $34,216
    Assessment Pending: No
    Taxes w/ Assessments: $34,776

    Unit

    Total Units: 56
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Residential
    Fuel System: Electric
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate, Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Get to know our Home Mortgage Professionals

    Jason
    Roaldson
    CrossCountry
    Justin
    Larson
    Movement
    Jeff
    Zajac
    TruStone
    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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