• Asking Price $1,995,000
  • 1020 6th Avenue S Saint Cloud, MN 56301

  • Other / Resale (MLS)

Property Details for 1020 6th Avenue S, Saint Cloud, MN 56301

Features

  • Heating: Baseboard,Hot Water

Facts

  • Year Built: 01/01/1988
  • Property ID: 877027574
  • MLS Number: 6435363
  • Property Type: Other
  • County: STEARNS
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Investment opportunity with assumable financing at 4.59% fixed rate for 6 years! Stateside consists of 2 buildings - 20 units. 4 - Studio units, 16 - Four bedroom units. Spacious units with large bathrooms w/dual sinks, common area laundry, 26 private garage stalls & 24 marked parking slots. Property has undergone several upgrades: new appliances, carpet, paint, light fixtures, and all new hallway carpet & paint in common spaces throughout the property. Both buildings just had new siding & roof installed in November! Excellent potential cash flow for a Buyer! 10%+ Cash on cash returns possible with the assumable financing!

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Property Brokerage: Premier Real Estate Services 550 25th Avenue North St. Cloud MN 56303
Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.