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Active NEW!
$330,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1910
1,617 sqft • 0.18 acres
St. Cloud schools
MLS# 6787004
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    Property Description

    Great income-generating rental property with long-term tenants! Two houses, three total units, all on one parcel (427 16th Ave N is the larger home and 1608 5th St N is the smaller home). Many updates have been done throughout the property, making this a must-see investment opportunity! There is no "for sale" sign in the yard.

    Listing

    Contingency: None
    Price per sq ft: $204
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56303
    Subdivision Name: Edelbrocks Add

    Interior

    Living Area: 1,617 ft2
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 240 ft2
    Foundation Size: 800 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Forced Air
    Exterior Material: Fiber Board

    Lot & Land

    Acres: 0.18
    Geolocation: 45.56021, -94.175048
    Lot Dimensions: 100 x 78

    Schools

    School District: 742
    District Phone: 320-253-9333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,392
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,049
    Annual Maintenance Expense: None
    Annual Gross Expense: $17,214
    Annual Trash Expense: $1,576
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,726
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,726

    Income

    Annual Gross Income: $27,960

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.