1340 5th Avenue S,Saint Cloud, MN 56301
Saint Cloud, MN 56301
Description
Exceptional investment opportunity offered as a package sale-two neighboring 4-plex buildings 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 6 off-street parking spaces per building. 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.
Details
| MLS # | 7036091 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 198 |
| Listing Provided By | Coldwell Banker Realty | Christopher Hauck |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,708 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.33 |
Interior
| Heating | Baseboard |
|---|
Exterior
| Roof | Architectural Shingle |
|---|
Parking
| Parking Features | Parking Lot, Paved Lot |
|---|
Taxes
| Property | 4482 |
|---|
Area Information
| State | MN |
|---|---|
| County | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| Community Name | Brott & Smiths Add |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in Brott & Smiths Add) | |
Price: $329,900 low | high Med: $329,900 sqft: 3,708 low | high Med: 3,708 $ / sqft: $89 low | high Med: $89 On site: 198 low | high Med: 198 | |
Market Activity 56301
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| Community Name | Brott & Smiths Add |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in Brott & Smiths Add) | |
Price: $329,900 low | high Med: $329,900 sqft: 3,708 low | high Med: 3,708 $ / sqft: $89 low | high Med: $89 On site: 198 low | high Med: 198 | |
