My notes for this property


Add listing to my favorites (required)
Active NEW!
$425,000
/mo Edit
Multi-family:  Four Plex
Built 1980
3,000 sqft • 0.25 acres
St. Cloud schools
MLS# 6756739
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Great owner-occupant or investor opportunity in St. Cloud! All units are 2 bed / 1 bath with 4 garage stalls. Two units currently leased month-to-month ($1, 200 and $1, 300), with one tenant receiving a $300 monthly stipend for caretaking (snow, lawn, and common areas). Tenants pay their own electric; landlord covers gas/water/sewer. The other two units have been intentionally left vacant to offer maximum flexibility for the next owner—live in one, lease both, or re-tenant if preferred. RARE find to be able to implement your preferred system seamlessly off the bat into a cleaned-up property like this! Property manager has tenants available if buyer prefers to lease. Roof replaced within the last 10 years. Quiet location tucked back next to railroad tracks—adds privacy and minimizes neighboring property issues. Two vacant units and common area available to view at first showing. Please be mindful of two tenants in place during showings.

    Listing

    Contingency: None
    Price per sq ft: $142
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Four Plex
    Zip Code: 56303
    Subdivision Name: Stearns Add

    Interior

    Living Area: 3,000 ft2
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Foundation Size: 1,500 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Shared Driveway
    Exterior Material: Metal Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.25
    Geolocation: 45.563755, -94.172462
    Lot Dimensions: 84 x 132
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: $3,600
    Annual Electric Expense: $2,940
    Annual Fuel Expense: $2,940
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $2,407
    Annual Water/Sewer Expense: $2,969
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,694
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,694

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of RIC Property Management, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.