1. Minnesota
  2. Saint Cloud
  3. 333 4th Avenue S
$319,900/mo

333 4th Avenue S, Saint Cloud, MN 56301

  • 5,190 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $62/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Fully occupied 5-Plex for sale with many recent updates featuring five large 2-bedroom units generating $3,585 in monthly income with a solid history of long term tenants & few vacancies. Overall great condition with brand new $45,000 roof in 2021 & parking lot. Most units have been updated over the past 4 years with flooring, paint, some fixtures, and appliances. The 4 above ground units rent for $750 a month and pay their own electric & heat, basement unit rents for $500 a month with owner paying all utilities. Owner pays garbage, water, sewer, basement unit utilities and common areas. Each of the three separate garage stalls rent for $25-$30 a month. Seller owns the coin washer/dryer set for around $400-$500 in additional income annually. Great location close to Downtown and SCSU. Tenants will enjoy the fenced in backyard with firepit, adequate off street parking, onsite washer/dryer and full basement for storage. Ideal turn-key investment property in good condition with solid tenants for immediate cash flow.

Listing Status:
Pending
Listing Office:
Central MN Realty LLC : 320-363-4363
MLS ID:
6674959

This listing courtesy of Central MN Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln Elementary School

336 5th Ave SE, Saint Cloud, MN, 56304

Grades KG-5

0.48 miles away

S

South Junior High School

1120 15th Ave S, Saint Cloud, MN, 56301

Grades 6-8

1.00 miles away

R

Riverwoods School Non-Residential

1726 7th Ave S, Saint Cloud, MN, 56301

Grades KG-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.