1111 7th Avenue S,Saint Cloud, MN 56301
Saint Cloud, MN 56301
Description
Exceptional investment opportunity in a highly desirable St. Cloud location! This 25-unit apartment building offers a rare combination of size, rental appeal, and income potential. Featuring 17 two-bedroom units, 6 three-bedroom units, and one 1-bedroom unit in addition to 1 efficiency, this property is ideally suited for student housing or tenants seeking spacious living accommodations. Located adjacent to Haws Park and within walking distance of the Herb Brooks National Hockey Center, this property benefits from strong rental demand driven by its proximity to local colleges, downtown amenities, dining, entertainment, and public transportation. Generous unit layouts (including the popular primary suites with it's own 3/4 bath & walk-in closet), ample bedroom counts - many with double closets, and convenient access to everyday necessities make this a standout addition to any investment portfolio. A prime opportunity to own a high-capacity rental property in a sought-after location with proven tenant appeal. New roof and siding in 2019!
Details
| MLS # | 7084628 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 81 |
| Listing Provided By | Coldwell Banker Realty | Christopher Hauck |
Features
| SQ Feet | 26,580 |
|---|---|
| Units | 25 |
| Zoning | Residential-Multi-Family |
| Acreage | 1.18 |
Interior
| Cooling | None |
|---|---|
| Heating | Hot Water |
| Appliances | Dishwasher, Range, Refrigerator |
Exterior
| Roof | Age 8 Years or Less |
|---|
Parking
| Parking Features | Paved Lot |
|---|
Utilities
| Utilities | Electric Common, Electric Separate, Hot Water Common |
|---|
Taxes
| Property | 32344 |
|---|
Area Information
| State | MN |
|---|---|
| County | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| Community Name | James Bowes Add |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in James Bowes Add) | |
Price: $1,949,900 low | high Med: $359,900 sqft: 26,580 low | high Med: 4,062 $ / sqft: $73 low | high Med: $89 On site: 81 low | high Med: 75 | |
Market Activity 56301
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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 | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| Community Name | James Bowes Add |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in James Bowes Add) | |
Price: $1,949,900 low | high Med: $359,900 sqft: 26,580 low | high Med: 4,062 $ / sqft: $73 low | high Med: $89 On site: 81 low | high Med: 75 | |