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For Sale:  Saint Cloud MLS# 7036130

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Active NEW!
$350,000
/mo Edit
Multi-family:  Fourplex
8 br • 4 ba • Built 1982
3,708 sqft • 0.33 acres
MLS# 7036130
612-201-2213
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    Property Description

    Exceptional investment opportunity offered as a package sale—two neighboring 4-plex buildings offered at $350, 000 each, ideally located directly across from Herb Brooks National Hockey Center. This prime location is perfect for student housing with easy access to St. Cloud State University, downtown amenities, shopping, dining, and entertainment—all within walking distance. Conveniently situated on the bus line for added renter appeal. Each 4-plex features spacious 2-bedroom, 1-bath units, offering consistent rental demand and strong income potential. Tenants benefit from on-site coin-operated laundry, shared paved parking between the buildings, and a total of 7 off-street parking spaces. Property highlights include low-maintenance siding, updated windows, newer countertops, and electric heat with individual water heaters. Roofs were replaced approximately in 2010. A rare opportunity to acquire a well-located, income-producing multi-family package in a high-demand rental area—ideal for both seasoned investors and those looking to expand their portfolio.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $350,000
    Price per sq ft: $94
    Property Type: Multi-family
    City: Saint Cloud
    Garage Spaces: 0
    County: Stearns
    Year Built: 1982
    State: MN
    Property Style: Fourplex
    Zip Code: 56301
    Subdivision Name: Brott & Smiths Add

    Interior

    Bedrooms: 8
    Bathrooms: 4
    Finished Area: 3,708 ft2
    Living Area: 3,708 ft2
    Refrigerators: Four
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,872 ft2
    Handicap Accessible: Other
    Heating System: Baseboard
    Parking Features:
    • Parking Lot
    • Paved Lot
    Shared Amenities: Coin-op Laundry Owned
    Roof Details: Architectural Shingle

    Rooms

    Laundry: Common Area

    Lot & Land

    Acres: 0.33
    Geolocation: 45.545594, -94.153548
    Lot Dimensions: 110 x 132

    Schools

    School District: 2249
    District Phone: 3202539333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Heat

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,514
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,514

    Income

    Annual Gross Income: $31,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.