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$1,949,900

0 Beds 0 Baths 26,580 SQFT 1.18 Acres
Type: Commercial

1111 7th Avenue S
Saint Cloud, MN 56301

MLS#: 7084628
Andrew Fischer
Andrew Fischer
The Real Estate Advantage
Realtor
Phone: 952.201.1997
Office: 952.253.5600
Presented by: Coldwell Banker Realty

Property 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!


 

Interior Features

Other Interior Features

BasementNone
Basement (Y/N)No
FuelNatural Gas
Garage Dimensions16x22
Garage Square Feet0

General

AccessibilityOther
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Kitchen Center Island, Other
AppliancesDishwasher, Range, Refrigerator
CitySaint Cloud
ContingencyNone
CoolingNone
CountyStearns
Current UseResidential
DirectionsUniversity Dr S to S on 7th Ave S
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income279000
HeatingHot Water
High School DistrictSt. Cloud
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income0
New ConstructionNo
Number Of Units Total25
Operating Expense0
OwnerPaysCommon Area Maintenance, Exterior Maintenance, Gas, Heat, Hot Water, Insurance, Janitorial Service, Repairs, Sewer, Taxes, Trash Collection, Water
PostalCitySaint Cloud
Property TypeCommercial Sale
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameJames Bowes Add
Tax Annual Amount$32,344
Tax Year2026
Tenant PaysElectricity
Trash Expense0
UtilitiesElectric Common, Electric Separate, Hot Water Common
Water Sewer Expense0
Year Built1984
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total26,580 sqft
Foundation Area8,976 sqft
InclusionsBuilding, Fixture/Equipment, Land, Rental License
Lot Dimensions244x204
Lot Size Area1 sqft
Parking FeaturesPaved Lot
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$1,949,900

0 Beds 0 Baths 26,580 SQFT 1.18 Acres
Type: Commercial

1111 7th Avenue S
Saint Cloud, MN 56301

MLS#: 7084628
Andrew Fischer
Andrew Fischer
The Real Estate Advantage
Realtor
Phone: 952.201.1997
Office: 952.253.5600