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Fully occupied 5-Plex for sale with many recent updates featuring five large 2-bedroom units generating $3,585 in monthly income with a solid history of long term tenants & few vacancies. Overall great condition with brand new $45,000 roof in 2021 & parking lot. Most units have been updated over the past 4 years with flooring, paint, some fixtures, and appliances. The 4 above ground units rent for $750 a month and pay their own electric & heat, basement unit rents for $500 a month with owner paying all utilities. Owner pays garbage, water, sewer, basement unit utilities and common areas. Each of the three separate garage stalls rent for $25-$30 a month. Seller owns the coin washer/dryer set for around $400-$500 in additional income annually. Great location close to Downtown and SCSU. Tenants will enjoy the fenced in backyard with firepit, adequate off street parking, onsite washer/dryer and full basement for storage. Ideal turn-key investment property in good condition with solid tenants for immediate cash flow.PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 333 4th Avenue
City: Saint Cloud
State: Minnesota
Postal Code: 56301
County: Stearns
MLS Number: 6674959
Year Built: 1954
Courtesy of Central MN Realty LLC
City: Saint Cloud
State: Minnesota
Postal Code: 56301
County: Stearns
MLS Number: 6674959
Year Built: 1954
Courtesy of Central MN Realty LLC
Courtesy of RE/MAX Results
