About 333 4th Avenue S
Fully occupied 5-Plex for sale with many recent updates featuring five large 2-bedroom units generating $3,585 in monthly income with a solid history of long term tenants & few vacancies. Overall great condition with brand new $45,000 roof in 2021 & parking lot. Most units have been updated over the past 4 years with flooring, paint, some fixtures, and appliances. The 4 above ground units rent for $750 a month and pay their own electric & heat, basement unit rents for $500 a month with owner paying all utilities. Owner pays garbage, water, sewer, basement unit utilities and common areas. Each of the three separate garage stalls rent for $25-$30 a month. Seller owns the coin washer/dryer set for around $400-$500 in additional income annually. Great location close to Downtown and SCSU. Tenants will enjoy the fenced in backyard with firepit, adequate off street parking, onsite washer/dryer and full basement for storage. Ideal turn-key investment property in good condition with solid tenants for immediate cash flow.
Features of 333 4th Avenue S
| MLS® # | 7154026 |
|---|---|
| Price | $339,900 |
| Bedrooms | 10 |
| Bathrooms | 5.00 |
| Acres | 0.16 |
| Year Built | 1954 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 333 4th Avenue S |
|---|---|
| City | Saint Cloud |
| County | Stearns |
| State | MN |
| Zip Code | 56301 |
Amenities
| Utilities | Electric Separate, Heating Separate |
|---|---|
| Parking | Detached Garage, Asphalt, Unassigned |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Boiler |
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Stucco |
|---|---|
| Lot Description | Corner Lot, Tree Coverage - Light |
| Roof | Flat, Rubber |
School Information
| District | St. Cloud |
|---|
Additional Information
| Days on Market | 9 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Central MN Realty LLC |
|---|