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725 32nd Avenue N Saint Cloud, MN $ 634,900
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725 32nd Avenue N
$ 634,900
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725 32nd Avenue N

Saint Cloud, MN, 56303
$ 634,900
Baths0.0 Sq 6,336

Monthly Estimate*

$ 4,220

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Studio

Commercial Property for sale in Saint Cloud, MN

for $634,900. This 6,336 square foot building was built in 1968 on a lot size of 0.37.

Amazing Rental Opportunity!!! This 8-Unit Apartment features brick siding, newer shingles and an on-site private parking lot with 12 parking spots!! All units were recently updated with fresh paint and flooring. All units house 2 bedrooms and 1 full bathroom. The upper level units each feature a bonus pantry!! Kitchen appliances per unit include a range and refrigerator that will stay! On-site coin operated laundry on the lower level. Boiler natural gas heat, window air conditioners – one per unit and they will stay with the property. The city inspection was recently completed and is good to go for the new owners!! Assessed city street improvements completed in 2019!! Truly a great investment where you could move into one of the units and use the other units to help pay your mortgage!!

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Commercial Active

Price

$ 634,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,872

Style

Apartment

Lot Size

0.37

Year Built

1968

Town/City

Saint Cloud

County/Region

Stearns

MLS | Web ID

6552100
Features
General
Sewer City Sewer/Connected
Heating Boiler
Cooling Window Unit(s)
Utilities Electric Separate
Roof Age 8 Years or Less Asphalt
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1968
Tenant Pays Cable TV Electricity
Levels Two
Property SubType Apartment
Tax Year 2024
Current Use Commercial
Gross Income 66683
Accessibility None
County Stearns
Net Operating Income 15941
Operating Expense 21582
Insurance Expense 4579
Property Type Commercial Sale
Association Amenities Coin-op Laundry Owned
Contingency None
Subdivision Name Central Park Add
Possible Use Investment
Directions From Hwy 15 head East on Veterans Drive Right on 32nd Ave N apartment building is on the right.
City Saint Cloud
Buyer Agent Compensation 2.50
High School District St. Cloud
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 8
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 8872
Electric Expense 4354
Trash Expense 1942
Water Sewer Expense 3348
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Finished
Basement (Y/N) Y
Fuel Natural Gas
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Exterior
Parking Features Parking Lot Paved
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.37
Building Area Total 6336
Lot Dimensions 146x119x16x105x125
Foundation Area 3168
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 725
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* Excluded Features
List By
Re/Max Results

Broker

paul@themorrisonteam.com

Email

Affordability Calculator

$4,959
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,220
Monthly Property Taxes
$739
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/12/2024$634,900 Listed Price

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725 32nd Avenue N, Saint Cloud, MN, 56303 is a Commercial Property for sale at $634,900 with 6,336 sqft and a lot size of 0.37. 725 32nd Avenue N is a studio with 0.0 baths and was built in 1968. The property's zip code is 56303 which is in Saint Cloud, MN

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