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
Baths0.0 Sq 12,104

Monthly Estimate*

$ 6,646

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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.

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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 %
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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
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 1415
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* Excluded Features
List By
Exp Realty

Broker

mike.swenson@thepinnacleteamus.com

Email

Affordability Calculator

$7,611
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
$965
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
709352 Elementary School
709222 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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