Active
520 & 524 14th Street S
Saint Cloud MN, 56301
$2,100,000
$73.53 per sqft
Active
28,560 sqft
Commercial
Built in 1988
7.25%+ Cap Rate on this package sale including two buildings with a total of 23 units! Stearns Terrace has 9-Four bedroom units & 1-One bedroom unit. The Heights has 12-Four bedroom apts & 1-One bedroom unit. 6 garage stalls & 15 tuck-under. Some recent updates have been done to make this a turn-key investment property! Currently 100% occupied! The buildings are ready for an easy transition to a new owner.
6498734
MLSⓇ ID
March 5, 2024
Listed
May 9, 2024
Updated
Map
520 & 524 14th Street S
Saint Cloud MN, 56301
Interior Features
Total Stories
3
Appliances
Cooktop, Exhaust Fan, Microwave, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Boiler, Radiant
Exterior/Building Features
Lot Size
0.48 Acres
Roof
Flat
Sewer
City Sewer/Connected
School Information
School District
St. Cloud
Other Property Details
Taxes
$25,552
Tax Frequency
Annually
Days on Market
58
Association Amenities
Coin-op Laundry Owned
Garage
Yes
Garage Spaces
21
Parking
Attached Garage, Asphalt, Parking Lot, Paved, Tuckunder Garage
View
No
County
Stearns
Water Source
City Water/Connected
Pool
No
Buyer Agency Compensation
2.3%
Courtesy of Premier Real Estate Services
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Connie Stegora shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 8:45 AM UTC, 5/9/2024