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$385,000
/mo Edit
Multi-family:  Triplex
Built 1950
1,875 sqft • 0.15 acres
St. Cloud schools
MLS# 6713107
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    Property Description

    Beautiful Brick Triplex overlooking the Mississippi River.  Located close to the Hospital, this Triplex offers 3 apartments.  The upper apartment has one bedroom with office space.   Middle and lower are both 2 bedroom each.  Great opportunity to start your investment portfolio.  Each apartment is separetely metered.   Long term tenants - rents under current market value.  New Electrical panel installed 2024 consisting of 4 new 100 amp panels - 3 for apartments and  one for the common space allowing metering of each individual apartment.

    Listing

    Contingency: None
    Price per sq ft: $205
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Triplex
    Zip Code: 56303
    Subdivision Name: Lowrys Add

    Interior

    Living Area: 1,875 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Storage Space

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 625 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Gravel
    • Open
    • Parking Lot
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Tar/Gravel

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Mississippi River
    DNR Lake ID#: S9990870
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront:
    • River Front
    • River View

    Lot & Land

    Acres: 0.15
    Geolocation: 45.567581, -94.164135
    Lot Dimensions: 50X132X50X132
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Farm

    Topography: Sloped

    Schools

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

    Expenses

    Annual Caretaker Expense: $1,800
    Annual Electric Expense: $840
    Annual Fuel Expense: $840
    Annual Insurance Expense: $3,217
    Annual Maintenance Expense: $2,000
    Annual Gross Expense: $15,233
    Annual Trash Expense: $480
    Annual Water/Sewer Expense: $840
    Tenant Expenses: Cable TV

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,410
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,410

    Income

    Annual Gross Income: $24,900

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Century 21 First Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.