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For Sale:  Saint Cloud MLS# 7167365

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Active NEW!
$299,900
/mo Edit
Multi-family:  Duplex Up and Down
8 br • 2 ba • Built 1954
3,286 sqft • 0.17 acres
St. Cloud schools
MLS# 7167365
763-576-8286
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    Property Description

    Excellent Investment Opportunity Near SCSU! Ideally located near St. Cloud State University and downtown amenities, this income-producing duplex offers an excellent opportunity for student housing or an addition to your investment portfolio. Each unit features 4 bedrooms, its own kitchen, and separate laundry facilities, providing a functional setup for student rentals. Enjoy added peace of mind with durable steel siding, Andersen windows, gutters, forced-air gas heat, central air, two separate electric meters, and 2 new water heaters. New lower-level kitchen approx. in 2021. Eight off-street parking spaces add convenience and appeal for tenants. With an ideal location, 8 total bedrooms, separate living spaces, and desirable rental features, this property offers excellent potential for investors looking to capitalize on the strong student rental market near SCSU!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $299,900
    Price per sq ft: $91
    Property Type: Multi-family
    City: Saint Cloud
    Garage Spaces: 0
    County: Stearns
    Year Built: 1954
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56301
    Subdivision Name: James Bowes Add

    Interior

    Bedrooms: 8
    Bathrooms: 2
    Finished Area: 3,286 ft2
    Living Area: 3,286 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,892 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Paved Lot
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Lower Level
    • Main Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.17
    Geolocation: 45.550581, -94.159196
    Lot Dimensions: 55 x 132
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 742
    District Phone: 3202539333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,510
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,526

    Income

    Annual Gross Income: $45,600

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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