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1340 5th Avenue S, Saint Cloud, MN 56301

$329,900
SQUARE FEET 3,708
MLS# 7036091
  • 1340 5th Avenue S, Saint Cloud, MN 56301 Main Photo

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Dave & Danella

Dave & Danella
Call: (763) 772-2274

STATUS: Contingent
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Brott & Smiths Add
SCHOOL: St. Cloud

Property Description

Exceptional investment opportunity offered as a package sale?two neighboring 4-plex buildings ideally located directly across from Herb Brooks National Hockey Center. This prime location is perfect for student housing with easy access to St. Cloud State University, downtown amenities, shopping, dining, and entertainment?all within walking distance. Conveniently situated on the bus line for added renter appeal.Each 4-plex features spacious 2-bedroom, 1-bath units, offering consistent rental demand and strong income potential. Tenants benefit from on-site coin-operated laundry, shared paved parking between the buildings, and a total of 6 off-street parking spaces per building.Property highlights include low-maintenance siding, updated windows, newer countertops, and electric heat with individual water heaters. Roofs were replaced approximately in 2010.A rare opportunity to acquire a well-located, income-producing multi-family package in a high-demand rental area?ideal for both seasoned investors and those looking to expand their portfolio.

1340 5th Avenue S | MLS# 7036091

This multi-family property located at 1340 5th Avenue S, Saint Cloud, MN 56301 is currently listed for sale with an asking price of $329,900. 5th Avenue S is located within the St. Cloud school district. Search Saint Cloud real estate on danella.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Baseboard
Lot Size: 0.33 Acres
Roof Type: Architectural Shingle
Taxes: $4,482
Year Built: 1982

Feature Descriptions

Days on Site: 162
Foundation Size: 1872
Lot Dimensions: 110x132
Owners Expense: Common Area Maintenance, Exterior Maintenance, HVAC Maintenance, Insurance, Grounds Care, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Water
Parcel#: 82446790004
Parking: Parking Lot, Paved Lot
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Heat, Hot Water
Units: 4
Water: City Water/Connected

Local Schools

School District: St. Cloud

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 320-253-7373

Shown By

Agent Name: Dave & Danella
Agent Phone: (763) 772-2274
Agency Title: Counselor Realty

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Estimated Payment

$ 2,225.59 per month $1,755.87 Principal & Interest $373.50 Property Tax $96.22 Homeowner's Insurance

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