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For Sale:  Saint Cloud MLS# 7023300

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Active
$345,000
/mo Edit
Multi-family:  Triplex
5 br • 3 ba • Built 1950
1,875 sqft • 0.15 acres
MLS# 7023300
763-576-8286
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    Property Description

    Beautiful Brick Triplex overlooking the Mississippi River.  Located close to the Hospital, this Triplex offers 3 apartments.  The upper apartment has one bedroom with office space.   Middle and lower are both 2 bedroom each.  Great opportunity to start your investment portfolio.  Each apartment is separetely metered.   Long term tenants - rents under current market value.  New Electrical panel installed 2024 consisting of 4 new 100 amp panels - 3 for apartments and  one for the common space allowing metering of each individual apartment.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $345,000
    Price per sq ft: $184
    Property Type: Multi-family
    City: Saint Cloud
    Garage Spaces: 0
    County: Stearns
    Year Built: 1950
    State: MN
    Property Style: Triplex
    Zip Code: 56303
    Subdivision Name: Lowrys Add

    Interior

    Bedrooms: 5
    Bathrooms: 3
    Finished Area: 1,875 ft2
    Living Area: 1,875 ft2
    Refrigerators: Three
    Basement Details:
    • Block
    • Storage Space

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 625 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Gravel
    • Open
    • Parking Lot
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Block
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Tar/Gravel

    Rooms

    Laundry: None

    Lake & Waterfront

    Waterfront:
    • River Front
    • River View

    Lot & Land

    Acres: 0.15
    Geolocation: 45.567581, -94.164135
    Lot Dimensions: 50X132X50X132
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Sloped

    Schools

    School District: 2249
    District Phone: 3202539333

    Expenses

    Annual Caretaker Expense: $1,800
    Annual Electric Expense: $840
    Annual Fuel Expense: $840
    Annual Insurance Expense: $3,217
    Annual Maintenance Expense: $2,000
    Annual Trash Expense: $480
    Annual Water/Sewer Expense: $840
    Tenant Expenses: Cable TV

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,410
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,410

    Income

    Annual Gross Income: $24,900

    Rent

    Annual Net Income: $9,667

    Units

    Total Units: 3

    Miscellaneous

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

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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 Century 21 First Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.