, Saint Cloud, MN 56301 (MLS# 7084628)

General Property Information

Lot Measurement: Acres
Management Company Name: McDonald Property Management
Multiple PIDs?: No
Other Parking Spaces: 58
Owner Occupied: No
Waterfront YN: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 8976
For Sale or Lease: For Sale
Acres: 1.18
Lot Dimensions: 244x204
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: Other Air Conditioning: None Amenities Shared: Coin-op Laundry Owned Amenities Unit: Ceiling Fan(s); Kitchen Center Island; Other Appliances: Dishwasher; Range; Refrigerator Basement: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Aluminum Siding; Brick/Stone Foundation: None Fuel: Natural Gas Heating: Hot Water Loan Terms: Cash; Conventional; Other On Site Utilities: Electric Common; Electric Separate; Hot Water Common Owner Pays: Common Area Maintenance; Exterior Maintenance; Gas; Heat; Hot Water; Insurance; Janitorial Service; Janitorial Service; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Paved Lot Rental License Type: Standard Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Three Or More Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 1949900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56301
Complex/Dev/Subdivision: James Bowes Add

Assessments

Tax With Assessments: 32344
Assessment Balance: 0

Building Information

Building Finished SqFt: 26580
Building SqFt: 26580

More Information

Income and Expenses

Annual Gross Income: 279000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 16x22
Paved Lot: Yes

Public Survey Info

Range#: 28
Section#: 14
Township#: 124

Sale Options

Sale Includes: Building, Fixture/Equipment, Land, Rental License

Unit 1

No. of 1 Bedroom Units: Yes

Unit 2

No. of 2 Bedroom Units: 17

Unit 3

No. of 3 Bedroom Units: 6

Unit Details

Total Units: 25

Unit Information

No. of Efficiency Units: Yes

Office/Member Info

Association: SCAAR

Location, Tax and Other Information

Legal Description: E 243.5' OF BLK 84 (INCLUDES VACATED 16' ALLEY) JAMES BOWES ADD SECTION 14 TOWNSHIP 124 RANGE 028
Listing City: Saint Cloud
Map Page: 231
Municipality: Saint Cloud
School District: St. Cloud
School District Phone: 320-253-9333
Zip Plus 4: 445
Property ID Number: 82445710000
Tax Year: 2026
Tax Amount: 32344
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Exceptional investment opportunity in a highly desirable St. Cloud location! This 25-unit apartment building offers a rare combination of size, rental appeal, and income potential. Featuring 17 two-bedroom units, 6 three-bedroom units, and one 1-bedroom unit in addition to 1 efficiency, this property is ideally suited for student housing or tenants seeking spacious living accommodations. Located adjacent to Haws Park and within walking distance of the Herb Brooks National Hockey Center, this property benefits from strong rental demand driven by its proximity to local colleges, downtown amenities, dining, entertainment, and public transportation. Generous unit layouts (including the popular primary suites with it's own 3/4 bath & walk-in closet), ample bedroom counts - many with double closets, and convenient access to everyday necessities make this a standout addition to any investment portfolio. A prime opportunity to own a high-capacity rental property in a sought-after location with proven tenant appeal. New roof and siding in 2019!
Directions: University Dr S to S on 7th Ave S

Accessible

Other: Yes

Air Conditioning

None: Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Amenities Unit

Ceiling Fan(s): Yes
Kitchen Center Island: Yes
Other: Yes

Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Aluminum Siding: Yes
Brick/Stone: Yes

Foundation

None: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Gas: Yes
Heat: Yes
Hot Water: Yes
Insurance: Yes
Janitorial Service: Yes
Maintenance/Repair: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Rental License Type

Standard: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Three Or More: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Electricity: Yes

On Site Utilities

Electric Common: Yes
Electric Separate: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes
Other: Yes