1415-1419 5th Avenue S Saint Cloud, MN ^$ 999,950

1415-1419 5th Avenue S

^$ 999,950

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1415-1419 5th Avenue S

Saint Cloud, MN, 56301

^$ 999,950

Studio Baths0.0 Sq 12,104

Monthly Estimate*

^$ 6,985

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Studio

Commercial Property for sale in Saint Cloud, MN

for $999,950. This 12,104 square foot building was built in 1984 on a lot size of 0.83.

All units currently rented, with an average rent over $1100 and room for increased rents to meet market rate. 5 of the 10 units have been remodeled since owner took over 18 months ago. Property has been stabilized with all tenants current. All units are 4BR 2Bath units. Roof has architectural shingles, building has vinyl windows; coin op laundry is included in purchase. Large parking lot for all tenants.

Commercial Active

Price

^$ 999,950

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,576

Style

Apartment

Lot Size

0.83

Year Built

1984

Town/City

Saint Cloud

County/Region

Stearns

MLS | Web ID

6511460

Features

General

Sewer City Sewer/Connected

Heating Baseboard

Utilities Heating Common

Garage Spaces 0

Construction Materials Stucco

Year Built 1984

Tenant Pays Cable TV Electricity

Property SubType Apartment

Tax Year 2024

Current Use Residential

Gross Income 135312

Accessibility None

County Stearns

Net Operating Income 71497

Insurance Expense 6206

Property Type Commercial Sale

Association Amenities Coin-op Laundry Owned

Contingency None

Subdivision Name Brott & Smiths Add

Directions 6th Ave S to 14th St East to Property

City Saint Cloud

Buyer Agent Compensation 2.50

High School District St. Cloud

Zoning Description Residential-Multi-Family

Total Units 10

Street Name 5th

Land Lease Y/N N

Tax Annual Amount 11576

Electric Expense 6677

Water Sewer Expense 5692

Additional Parcels Y/N N

Days on Market 27

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Asphalt Unassigned Open

Water Source City Water/Connected

Inclusions Building Land Leases

Lot Size Area 0.83

Building Area Total 12104

Lot Dimensions 204x532

Lot Size Units Acres

Foundation Area 6052

Interior

Basement (Y/N) N

Street Suffix Avenue

Fuel Natural Gas

Internal Only

Street Number 1 1415

* Excluded Features

List By

Exp Realty

Broker

mike.swenson@thepinnacleteamus.com

Affordability Calculator

$7,950

Per Month

Monthly Principal & Interest: $6,985
Monthly Property Taxes: $965
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Saint Cloud, MN

Average List Price ^$568,083

Percent of Sale Price 43%

About Saint Cloud, MN

69,438 Population

15% Since 2002

^$47,019 Median Income

32.74 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709352 Elementary School

709222 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$999,950	-4.77%	Price Down
4/4/2024	$1,050,000		Listed Price

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1415-1419 5th Avenue S, Saint Cloud, MN, 56301 is a Commercial Property for sale at $999,950 with 12,104 sqft and a lot size of 0.83. 1415-1419 5th Avenue S is a studio with 0.0 baths and was built in 1984. The property's zip code is 56301 which is in Saint Cloud, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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1415-1419 5th Avenue S

Commercial Property for sale in Saint Cloud, MN

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