1015 7th ST N new Save Request In-Person Tour Request Virtual Tour
Saint Cloud,MN 56303
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,113 sqft
Price per Sqft $87
Subdivision Lowrys Add
MLS Listing ID 6712890
Style (MF) Triplex
Bedrooms 8
Year Built 1850
Annual Tax Amount $2,974
Lot Size 6,534 Sqft
Property Description
Don't miss this rare chance to own a high-performing, completely remodeled triplex that combines modern efficiency with long-term rental stability. Taken down to the studs and rebuilt approximately five years ago, this property offers exceptional quality, thoughtful updates, and a solid rental income profile.
Fully renovated from the studs out: new roofing, siding, windows, and doors, Updated electrical with upgraded panel, New plumbing, insulation, New boiler and water heater.
Set on a spacious flat lot a offering a large shared second-story deck, this property offers rare outdoor living spaces as well. Central coin-operated laundry for tenant convenience and an extra stream of income.
Four off-street parking spaces plus garage and additional owner storage/shop space
Current Rental Income:
With a total gross rental income of $4,925/month, this property offers a strong return and stable tenancy. The thoughtful updates and low-maintenance systems make this a worry-free investment an ideal option for savvy investors seeking strong cash flow, minimal maintenance. Everything has been done-just step in and start generating returns.
Whether you're looking to expand your rental portfolio or seeking a fully updated, owner
occupant/income-generating property, this tri-plex checks every box.
Location
State MN
County Stearns
Community Lowrys Add
Interior
Heating Boiler,Hot Water,Radiant
Laundry Common Area,Laundry Room,Main Level
Exterior
Parking Features Attached Garage
Garage Spaces 1.0
Building
Water City Water/Connected
Structure Type Block,Frame
Others
Acceptable Financing Cash,Conventional,FHA,FHA Rehab 203k,VA
Listing Terms Cash,Conventional,FHA,FHA Rehab 203k,VA