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