Active

1020 6th Avenue S

Saint Cloud MN, 56301

$1,995,000


$95.47 per sqft

Active

20,896 sqft

Commercial

Built in 1988

Investment opportunity with assumable financing at 4.59% fixed rate for 6 years! Stateside consists of 2 buildings - 20 units. 4 - Studio units, 16 - Four bedroom units. Spacious units with large bathrooms w/dual sinks, common area laundry, 26 private garage stalls & 24 marked parking slots. Property has undergone several upgrades: new appliances, carpet, paint, light fixtures, and all new hallway carpet & paint in common spaces throughout the property. Both buildings just had new siding & roof installed in November! Excellent potential cash flow for a Buyer! 10%+ Cash on cash returns possible with the assumable financing!

6435363

MLS ID

September 18, 2023

Listed

May 9, 2024

Updated

Map

1020 6th Avenue S
Saint Cloud MN, 56301

Interior Features

Appliances

Range, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Baseboard, Hot Water

Exterior/Building Features

Lot Size

0.67 Acres


Roof

Age 8 Years or Less, Asphalt, Pitched


Sewer

City Sewer/Connected

School Information

School District

St. Cloud

Other Property Details

Taxes

$21,538


Tax Frequency

Annually


Days on Market

168


Association Amenities

Coin-op Laundry Owned


Garage

Yes


Garage Spaces

26


Parking

Assigned, Attached Garage, Asphalt, Other, Paved, Tuckunder Garage, Unassigned


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.

©2024 Northstar MLS. All rights reserved. 

Data last updated 8:43 AM UTC, 5/9/2024

Powered byLuxury Presence