$ 885,000
-
$885,000
Price -
10,656
SqFt -
0.17
Acre
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About the Listing 5478 - 505500121
Turnkey 15-unit investment opportunity in a high-demand rental location near St. Cloud State University, Lake George, and downtown amenities. This four-level building consists entirely of 1-bedroom, 1-bath units—an efficient unit mix that supports strong occupancy and consistent cash flow. Designed for ease of ownership, the property features a low-maintenance stucco exterior, on-site laundry for additional income potential, off-street paved parking, new shingles (June 2026), and dedicated landlord storage space. Its walkable location and proximity to transit and campus amenities make it highly attractive to tenants, helping minimize vacancy risk. With stable rental demand, value-add potential, and operational efficiencies already in place, this asset presents an excellent opportunity for investors seeking reliable returns and long-term appreciation. Schedule your private tour to explore this income-producing opportunity.
Interior Details
- Appliances: Dishwasher, Range, Refrigerator
- Air Cond:
- Heating: Boiler,Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Basement: Block
- Other:
- Water: City Water/Connected
Exterior Details
- Lot Description: Public Transit (w/in 6 blks)
- Garage Capacity: N/A
- Lot Dimensions: 55x132
- Zoning: Residential-Multi-Family
- Roof: Asphalt
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Paved Lot
Financial Details
- Tax Amount: $10,036
- Taxes w/Assessments: N/A
- Tax/Property ID: 82521490000
- Tax Year: 2025
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Monthly Payment
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320 7th Ave S Saint Cloud, MN 56301
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