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519 14th St S 4 Unit Apartment Building $448,152 CAD ($112,038 CAD/Unit) Saint Cloud, MN 56301
EXECUTIVE SUMMARY
CBC Orion Real Estate Advisors are pleased to offer 519 14th Street South for sale, a 4 unit multifamily investment conveniently located in Saint Cloud.
The property consists of (1) one low rise apartment building totaling 3,424 square feet, with a total of four (4) units. The unit mix consists of all two-bedroom units, and all units consist of kitchen and dining, spacious living area, ample closet space, and 1-bathroom. The units are equipped with a range/oven, a fridge/freezer, and a wall AC unit. Two of the four units were substantially renovated, with improvements consisting of new custom kitchen and custom bathroom cabinetry, new flooring, fixtures, and paint. Additionally, the other units have also been updated with newer flooring, fixtures, paint, and more.
The location is in close proximity to parks, schools, restaurants and downtown. The property is just blocks from St Cloud State University, home to more than 10,000 students. The city of Saint Cloud has a population of over 70,000 and the market has over 98,000 people in five-mile radius.
Don’t miss this rare opportunity to acquire a smaller price point multifamily property in a strong rental market.
*** Offered For Sale at $325,000 ***
***Contact Scott Schmitt, CCIM for further details on this offering (320) 267-4576***
Contact Scott Schmitt, CCIM with CBC Orion Real Estate Advisors for further details on this offering (320) 267-4576
The property consists of (1) one low rise apartment building totaling 3,424 square feet, with a total of four (4) units. The unit mix consists of all two-bedroom units, and all units consist of kitchen and dining, spacious living area, ample closet space, and 1-bathroom. The units are equipped with a range/oven, a fridge/freezer, and a wall AC unit. Two of the four units were substantially renovated, with improvements consisting of new custom kitchen and custom bathroom cabinetry, new flooring, fixtures, and paint. Additionally, the other units have also been updated with newer flooring, fixtures, paint, and more.
The location is in close proximity to parks, schools, restaurants and downtown. The property is just blocks from St Cloud State University, home to more than 10,000 students. The city of Saint Cloud has a population of over 70,000 and the market has over 98,000 people in five-mile radius.
Don’t miss this rare opportunity to acquire a smaller price point multifamily property in a strong rental market.
*** Offered For Sale at $325,000 ***
***Contact Scott Schmitt, CCIM for further details on this offering (320) 267-4576***
Contact Scott Schmitt, CCIM with CBC Orion Real Estate Advisors for further details on this offering (320) 267-4576
PROPERTY FACTS
| Price | $448,152 CAD | Building Class | C |
| Price Per Unit | $112,038 CAD | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 3,424 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1981 |
| Property Subtype | Apartment | Parking Ratio | 2.92/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3 | ||
| Price | $448,152 CAD |
| Price Per Unit | $112,038 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 3,424 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 2.92/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 856 |
1 1
PROPERTY TAXES
| Parcel Number | 82-44683-0000 | Improvements Assessment | $367,940 CAD |
| Land Assessment | $56,174 CAD | Total Assessment | $424,114 CAD |
PROPERTY TAXES
Parcel Number
82-44683-0000
Land Assessment
$56,174 CAD
Improvements Assessment
$367,940 CAD
Total Assessment
$424,114 CAD
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519 14th St S
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