1020 6th Ave S, Saint Cloud, Mn

$1,995,000

Price

0.67 acres

Lot Area

20

Units

Overview
Lot Area
0.67 acres
Units
20
Year Built
1988
Zoning
Residential-Multi-Family
Description

Investment opportunity with assumable financing at 4.59% fixed rate for 6 years! Stateside consists of 2 buildings - 20 units. 4 - Studio units, 16 - Four bedroom units. Spacious units with large bathrooms w/dual sinks, common area laundry, 26 private garage stalls & 24 marked parking slots. Property has undergone several upgrades: new appliances, carpet, paint, light fixtures, and all new hallway carpet & paint in common spaces throughout the property. Both buildings just had new siding & roof installed in November! Excellent potential cash flow for a Buyer! 10%+ Cash on cash returns possible with the assumable financing!

Highlights
  • Lot Size Dimensions: 220x131
  • Days on Market: 168

Location