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Active NEW!
$270,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1954
3,416 sqft • 0.25 acres
St. Cloud schools
MLS# 6770419
Open House
         5p - 7p
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    Property Description

    Investor Alert! Income-Generating Duplex in the Heart of St. Cloud Cash flows from day one! This spacious duplex is a rare find with incredible rental potential and the opportunity to build instant equity. The main unit features 4 generously sized bedrooms, 2 full bathrooms, two living rooms, a deck, and a charming wrap-around patio — perfect for entertaining or relaxing evenings. The lower unit offers even more flexibility, with potential for 3 bedrooms, a full kitchen, and a comfortable living area. Whether you're looking to generate passive income, or convert it into a large single-family home, the options are endless. Located in a convenient neighborhood right across the street from a beautiful park and just minutes from shops, restaurants, and major routes — this property is a must-see. Put in a little sweat equity and unlock the full potential of this gem. Don't miss your chance to own a high-potential property in the heart of St. Cloud!

    Listing

    Contingency: None
    Price per sq ft: $79
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56301
    Subdivision Name: Colonial Gardens Add

    Interior

    Living Area: 3,416 ft2
    Ranges: Two
    Refrigerators: Three
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full
    • Single Tenant Access

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Foundation Size: 1,404 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Fireplace(s)
    • Hot Water
    Parking Features:
    • Concrete
    • Shared Driveway
    Shared Amenities: Laundry
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Metal Siding
    Roof Details: Pitched

    Lot & Land

    Acres: 0.25
    Geolocation: 45.551828, -94.185726
    Lot Dimensions: Irregular
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description: Many Trees

    Schools

    School District: 742
    District Phone: 320-253-9333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $3,092
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,405
    Annual Maintenance Expense: $1,844
    Annual Gross Expense: $10,383
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,032

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,788
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,788

    Income

    Annual Gross Income: $15,600
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    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 Keller Williams Integrity NW.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.