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Active NEW!
$319,000
/mo Edit
Multi-family:  Triplex
6 br • 3 ba • Built 1905
3,056 sqft • 0.17 acres
St. Cloud schools
MLS# 7135800
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    Property Description

    Charming multi-family property with exceptional curb appeal and income-producing in a convenient downtown St. Cloud location! This well-maintained property offers three levels of living space, making it an ideal addition to an investor portfolio or an owner-occupant seeking supplemental income. The main level is owner-occupied and offers two bedrooms, one bathroom, kitchen, dining and living areas, laundry, a front porch, and a 2-stall garage. Potential income $1, 700-$1, 900 per month. The upper level features three bedrooms, currently rented separately, along with a shared kitchen, living room, stacked laundry, bathroom and balcony. Current monthly bedroom rents total $1, 725. The lower level rents for $900/month (Friends living there, Potential $1, 000-$1, 200) and is configured as a one-bedroom with a walk-in closet and office nook, kitchen, bathroom, living room and laundry/utility room. Additional highlights include six off-street concrete parking spaces, a low-maintenance stucco exterior, updated plumbing (2008) and electrical (2008) throughout all three levels, and dedicated electrical panels for each level. 75 year Architectural shingles were installed in 2005. Each unit has a washer and dryer, thermal-pane tilt-in windows (2008), and solid wood doors in 2010. Excellent location within easy proximity to downtown amenities, Lake George, SCSU, and public transportation. Don't miss this versatile and income-producing opportunity!

    Listing

    Contingency: None
    Price per sq ft: $104
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Triplex
    Zip Code: 56301

    Interior

    Living Area: 3,056 ft2
    Refrigerators: Three
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22x20.5
    Garage Size: 451 ft2
    Foundation Size: 946 ft2
    Foundation Dimensions: 44x21.5
    Fencing: Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Carport
    • Concrete
    • Detached Garage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details:
    • Age Over 8 Years
    • Architectural Shingle

    Rooms

    Laundry:
    • Lower Level
    • Main Level
    • Upper Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.17
    Geolocation: 45.55544, -94.155627
    Lot Dimensions: 55 x 132
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Farm

    Topography: Level

    Schools

    School District: 742
    District Phone: 3202539333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,400
    Annual Fuel Expense: $1,800
    Annual Insurance Expense: $1,500
    Annual Maintenance Expense: $500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,800
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,016
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,016

    Income

    Annual Gross Income: $31,500
    Misc. Annual Income: None
    Misc. Monthly Income: $1,740

    Rent

    Annual Net Income: $24,480

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    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.
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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.