Sold: Saint Cloud MLS# 6526548
Sold
$399,000 (list price)
$405,000
Multi-family: Four Plex
Built 1982
3,558 sqft • 0.33 acres
St. Cloud schools
MLS# 6526548
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Property Description
Looking for a great investment opportunity? Then look no further! This south St. Cloud four-plex has been recently renovated and is ready for you and your tenants. Updating has been done in all four of the units. Updates in some of the units include luxury vinyl planking, new cabinets, new countertops, stainless steel appliances, and painting. This property is close to SCSU. Rent all four units or live in one and let your tenants pay your rent for you. Whatever you choose, this property has great potential given the strong demand for rentals.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$399,000
Sold Price:
$405,000
Sold Date:
06/07/2024
Price per sq ft:
$112
Property Type:
Multi-family
City:
Saint Cloud
Garage Spaces:
4
County:
Stearns
Year Built:
1982
State:
MN
Property Style:
Four Plex
Zip Code:
56301
Subdivision Name:
Brott & Smiths Add
Interior
Finished Area:
3,558 ft2
Living Area:
3,558 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Block
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
4
Garage Door Height:
7
Garage Door Width:
7
Foundation Size:
1,811 ft2
Fencing:
None
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Detached
- Paved
Shared Amenities:
- Coin-op Laundry Owned
- Security
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Storm Sewer
- Street Lights
Exterior Material:
- Block
- Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Lot & Land
Acres:
0.33
Geolocation:
45.5448109869, -94.1565239682
Lot Dimensions:
74 x 148 x 148 x 48 x 100
Zoning:
Residential-Multi-Family
Lot Description:
- Irregular Lot
- Tree Coverage - Light
Schools
School District:
742
District Phone:
320-253-9333
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,997
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
$1,000
Annual Gross Expense:
$34,000
Annual Trash Expense:
$1,232
Annual Water/Sewer Expense:
$1,335
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,018
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,018
Income
Annual Gross Income:
$44,400
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.