Active

520 & 524 14th Street S

Saint Cloud MN, 56301

$2,100,000


$73.53 per sqft

Active

28,560 sqft

Commercial

Built in 1988

7.25%+ Cap Rate on this package sale including two buildings with a total of 23 units! Stearns Terrace has 9-Four bedroom units & 1-One bedroom unit. The Heights has 12-Four bedroom apts & 1-One bedroom unit. 6 garage stalls & 15 tuck-under. Some recent updates have been done to make this a turn-key investment property! Currently 100% occupied! The buildings are ready for an easy transition to a new owner.

6498734

MLS ID

March 5, 2024

Listed

May 9, 2024

Updated

Map

520 & 524 14th Street S
Saint Cloud MN, 56301

Interior Features

Total Stories

3


Appliances

Cooktop, Exhaust Fan, Microwave, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Boiler, Radiant

Exterior/Building Features

Lot Size

0.48 Acres


Roof

Flat


Sewer

City Sewer/Connected

School Information

School District

St. Cloud

Other Property Details

Taxes

$25,552


Tax Frequency

Annually


Days on Market

58


Association Amenities

Coin-op Laundry Owned


Garage

Yes


Garage Spaces

21


Parking

Attached Garage, Asphalt, Parking Lot, Paved, Tuckunder Garage


View

No


County

Stearns


Water Source

City Water/Connected


Pool

No


Buyer Agency Compensation

2.3%

 

Courtesy of Premier Real Estate Services

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Connie Stegora shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Northstar MLS. All rights reserved. 

Data last updated 8:45 AM UTC, 5/9/2024

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