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Active Contingent NEW!
$465,000
/mo Edit
Multi-family:  Apartments
Built 1966
3,600 sqft • 0.44 acres
St. Cloud schools
MLS# 6693854
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    Property Description

    VA financing allows for purchasing a home with up to 4 units in it . . . This is your chance to get a multi-plex at a rational price, live in it a few years, and then buy another home with your invested equity. 2023 & 2024 income & expense reports available to licensed agents or with LOI and signed non-disclosure

    Listing

    Contingency: Inspection
    Price per sq ft: $129
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Apartments
    Zip Code: 56301
    Subdivision Name: Geneeve Add

    Interior

    Living Area: 3,600 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: Finished

    Exterior

    Stories: Two
    Garage Spaces: 5
    Garage Size: 1 ft2
    Foundation Size: 1,800 ft2
    Foundation Dimensions: 30*60
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Radiant
    Parking Features:
    • Asphalt
    • Detached
    • Parking Lot
    Shared Amenities: Patio
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Brick/Stone
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.44
    Geolocation: 45.544841, -94.192679
    Lot Dimensions: 135 x 180 x 83 x 170
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light
    • Underground Utilities

    Schools

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

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Gross Expense: $35,900
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,654
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,654

    Income

    Annual Gross Income: $42,500

    Units

    Total Units: 4

    Miscellaneous

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

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