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520 & 524 14th Street S

Saint Cloud, MN 56301
  • $2,400,000
  • STATUS: Active
  • ON SITE: 131 Days
  • ID#: 6327005
UPDATED: 10 min ago
$2,400,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,560
    SQFT
  • $84
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1988
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Premier Real Estate Services.

Description

7%+ Cap Rate on this package sale including two buildings with a total of 23 units! Stearns Terrace has 9-Four bedroom units & 1-One bedroom unit. The Heights has 12-Four bedroom apts & 1-One bedroom unit. 6 garage stalls & 15 tuck-under. Some recent updates have been done to make this a turn-key investment property! Assumable financing available to a qualified Buyer at a great rate! The buildings are 100% leased & ready for an easy transition to a new owner.

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IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Serdar + Partners | Lakes Sotheby's International Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Serdar + Partners | Lakes Sotheby's International Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Serdar + Partners | Lakes Sotheby's International Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-06-08T23:23:43.557.

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520 & 524 14th Street S Saint Cloud, MN 56301

  • Price: $2,400,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 10 min ago
  • ID#: 6327005
0
Beds
0
Baths
0
½ Baths
0.48
Acres
28,560
SQFT
$84
$/SQFT
1988
Built
Neighborhood:
Brott & Smiths Add
County:
Stearns
School District:
742 - St. Cloud
Property Description
7%+ Cap Rate on this package sale including two buildings with a total of 23 units! Stearns Terrace has 9-Four bedroom units & 1-One bedroom unit. The Heights has 12-Four bedroom apts & 1-One bedroom unit. 6 garage stalls & 15 tuck-under. Some recent updates have been done to make this a turn-key investment property! Assumable financing available to a qualified Buyer at a great rate! The buildings are 100% leased & ready for an easy transition to a new owner.
Exterior Features

Construction Materials BlockVinyl Siding Foundation Area 6164 Levels Three Or More Lot Size Dimensions 149X151 Parking Features Attached GarageAsphaltParking LotPavedTuckunder Garage Parking Open 28 Road Frontage Type City Street Roof Flat

Interior Features

Amenities Unit Intercom System Appliances CooktopExhaust FanMicrowaveRefrigerator Basement None Cooling Wall Unit(S) Heating BoilerRadiant Refrigerator Num One Per Unit

Property Features

Accessibility Features None Additional Parcels YN Yes Assessment Pending No Association Amenities Coin-Op Laundry Owned Contingency None Current Use Residential Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Inclusions BuildingLeasesRental License Land Lease YN No Lender Owned No Owner Pays GasGrounds CareRepairsSnow RemovalTaxesTrash CollectionWater Postal City Saint Cloud Potential Short Sale No Property Sub Type Apartment Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 25688 Tax With Assessments 25688.0000 Tax Year 2022 Tenant Pays Cable TvElectricity Utilities Electric SeparateHeating CommonHot Water Common Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Premier Real Estate Services: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Serdar + Partners | Lakes Sotheby's International Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Serdar + Partners | Lakes Sotheby's International Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Serdar + Partners | Lakes Sotheby's International Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-06-08T23:23:43.557.

Click here for Digital Millennium Copyright Act
 
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Serdar + Partners | Lakes Sotheby's International Realty
2434 Commerce Boulevard
Mound MN, 55364
NorthstarMLS] logo Listing courtesy of Premier Real Estate Services.