1020 6th Avenue S Saint Cloud, MN 56301

$1,995,000
Pending
Apartment  |  MLS # 6435363
Pending
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About The Listing

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!


Listing courtesy of Noel M. Johnson, Premier Real Estate Services
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Pending
Contingency Type: None
Year Built: 1988
MLS #: 6435363
Garage Spaces: 26
Parking Description: Assigned, Attached Garage, Asphalt, Other, Paved, Tuckunder Garage, Unassigned
Sewer Description: City Sewer/Connected
Air Conditioning Type: Wall Unit(s)
Water: City Water/Connected
Heat Type: Baseboard, Hot Water
Construction Description: Metal Siding, Vinyl Siding
Roof Description: Age 8 Years or Less, Asphalt, Pitched
Days On Market (Continuous): 295
Disability Features: None
Latest Update: 08/01/2024
List Date: 09/18/2023
Listing Agent ID: 505500458
Listing Office: Premier Real Estate Services
Listing Office ID: 5719
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Range, Refrigerator
Lot Dimensions: 220x131
Lot Size: 0.67 Acres
School District: St. Cloud
Tax Year: 2023
Estimated Taxes: $21,538
Contingency Type: None
City: Saint Cloud
Zip: 56301
County: Stearns
State: MN
Listing last updated: 08/01/24

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