For Sale: Saint Cloud MLS# 6712890
Active
NEW!
$360,000
Multi-family: Triplex
Built 1850
3,537 sqft • 0.15 acres
St. Cloud schools
MLS# 6712890

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Property Description
Don't miss this rare chance to own a high-performing, completely remodeled triplex that combines modern efficiency with long-term rental stability. Taken down to the studs and rebuilt approximately five years ago, this property offers exceptional quality, thoughtful updates, and a solid rental income profile.
Fully renovated from the studs out: new roofing, siding, windows, and doors, Updated electrical with upgraded panel, New plumbing, insulation, New boiler and water heater.
Set on a spacious flat lot a offering a large shared second-story deck, this property offers rare outdoor living spaces as well. Central coin-operated laundry for tenant convenience and an extra stream of income.
Four off-street parking spaces plus garage and additional owner storage/shop space
Current Rental Income:
With a total gross rental income of $4, 925/month, this property offers a strong return and stable tenancy. The thoughtful updates and low-maintenance systems make this a worry-free investment an ideal option for savvy investors seeking strong cash flow, minimal maintenance. Everything has been done-just step in and start generating returns.
Whether you're looking to expand your rental portfolio or seeking a fully updated, owner
occupant/income-generating property, this tri-plex checks every box.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$360,000
Price per sq ft:
$102
Property Type:
Multi-family
City:
Saint Cloud
Garage Spaces:
1
County:
Stearns
Year Built:
1850
State:
MN
Property Style:
Triplex
Zip Code:
56303
Subdivision Name:
Lowrys Add
Interior
Finished Area:
3,537 ft2
Living Area:
3,537 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
12x22
Garage Size:
264 ft2
Foundation Size:
1,326 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
- Radiant
Parking Features:
Attached Garage
Shared Amenities:
- Coin-op Laundry Owned
- Deck
- Laundry
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.15
Geolocation:
45.565105, -94.170454
Lot Dimensions:
40 x 169
Schools
School District:
742
District Phone:
320-253-9333
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,425
Annual Fuel Expense:
$2,426
Annual Insurance Expense:
$5,258
Annual Maintenance Expense:
$2,490
Annual Gross Expense:
$23,063
Annual Trash Expense:
$695
Annual Water/Sewer Expense:
$3,466
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,974
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,974
Income
Annual Gross Income:
$69,700
Misc. Annual Income:
$1,800
Misc. Monthly Income:
$150
Units
Total Units:
3
Miscellaneous
Fuel System:
- Electric
- 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 Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.