About This Home
This 10-bedroom, 5-bathroom commercial at 333 4th Avenue S in Saint Cloud, MN is listed for $339,900. Built in 1954, on a 0.16 acres lot.
Key Features
- Built in 1954
- 0.16 acre lot
Property Details
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.
Monthly Cost Estimate
$1,818/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
333 4th Avenue S
Saint Cloud, MN 56301
Property Details
Parking
Heating
Appliances
Questions & Answers
This 10-bedroom, 5-bathroom commercial at 333 4th Avenue S is listed at $339,900. The estimated monthly payment is $1,818 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1954, 0.16 acre lot.
This property is listed by Matthew A. Imdieke and can be reached at (320) 363-4363.