For Sale: Saint Cloud MLS# 6822613
Active
NEW!
$432,000
Commercial: Apartments
Built 1982
0.35 acres
St. Cloud schools
MLS# 6822613
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Note: The property was originally developed as student housing and later strategically converted into market-rate multifamily units. Additional financial details will be provided to qualified Buyers upon completion of a confidentiality agreement and approval by Seller.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$432,000
Property Type:
Commercial
City:
Saint Cloud
Garage Spaces:
0
County:
Stearns
Year Built:
1982
State:
MN
Property Style:
Apartments
Zip Code:
56301
Subdivision Name:
Normal Park Add
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
12
Foundation Size:
2,090 ft2
Foundation Dimensions:
58x36
Handicap Accessible:
No Stairs External
Heating System:
Baseboard
Parking Features:
Parking Lot
Exterior Material:
Wood Siding
Lot & Land
Acres:
0.35
Geolocation:
45.545844, -94.157894
Inclusions:
Building, Other
Lot Dimensions:
120 x 127
Zoning:
Residential-Multi-Family
Schools
School District:
742
District Phone:
320-253-9333
Expenses
Annual Caretaker Expense:
$4,345
Annual Electric Expense:
$1,500
Annual Fuel Expense:
$1,200
Annual Insurance Expense:
$3,600
Annual Maintenance Expense:
$6,000
Annual Gross Expense:
$30,824
Annual Trash Expense:
$1,800
Annual Water/Sewer Expense:
$3,600
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,114
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$7,162
Income
Annual Gross Income:
$64,338
Rent
Annual Net Income:
$33,514
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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!
Listing provided by RMLS,
courtesy of Granite City Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.