418 E Saint Germain Street,Saint Cloud, MN 56304
Saint Cloud, MN 56304
Description
Excellent Mixed-Use Investment Opportunity on East side of St. Cloud. Don't miss this outstanding mixed-use investment opportunity in St. Cloud. This income producing property features three separate units, including one retail/commercial space and two residential apartments. One apartment is currently operating as a successful Airbnb medium-term rental and will be conveyed fully furnished, providing a turnkey investment opportunity. All three units are currently tenant-occupied, generating strong, consistent cash flow. Each apartment includes its own dedicated laundry area for added tenant convenience. The current owner has completed numerous updates, including, new windows and exterior doors, complete renovation of the Airbnb apartment, new boiler for the front part of the building, new water heater for the rear apartment, updated light fixtures and newer appliances and additional improvements throughout. The property also offers private off-street parking alongside the building, adding value for both residential and commercial tenants.Whether you're looking to expand your investment portfolio or acquire a versatile, income-generating property, this mixed-use building is an exceptional opportunity.
Details
| MLS # | 7118099 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1887 |
| Days On Site | 25 |
| Listing Provided By | Oak Realty LLP | Gary C Dagner |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 4,380 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Business/Commercial,Residential- |
| Acreage | 0.11 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating | Hot Water |
| Appliances | Microwave, Range, Refrigerator |
Exterior
| Roof | Age Over 8 Years, Flat |
|---|---|
| Lot Features | Public Transit (w/in 6 blks), Zero Lot Line |
Parking
| Parking Features | Asphalt, More Parking Onsite for Fee, Open |
|---|
Utilities
| Utilities | Electric Common, Electric Separate, Heating Separate, Hot Water Common |
|---|
Taxes
| Property | 3768 |
|---|
Area Information
| State | MN |
|---|---|
| County | Benton |
| City | Saint Cloud |
| Zip Code | 56304 |
| Community Name | East St Cloud |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in East St Cloud) | |
Price: $325,000 low | high Med: $254,950 sqft: 4,380 low | high Med: 1,804 $ / sqft: $74 low | high Med: $145 On site: 25 low | high Med: 27 | |
Market Activity 56304
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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 | Benton |
| City | Saint Cloud |
| Zip Code | 56304 |
| Community Name | East St Cloud |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in East St Cloud) | |
Price: $325,000 low | high Med: $254,950 sqft: 4,380 low | high Med: 1,804 $ / sqft: $74 low | high Med: $145 On site: 25 low | high Med: 27 | |
