My notes for this property


Add listing to my favorites (required)
Active NEW!
$360,000
/mo Edit
Multi-family:  Triplex
Built 1850
3,537 sqft • 0.15 acres
St. Cloud schools
MLS# 6712890
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    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.

    Listing

    Contingency: None
    Price per sq ft: $102
    City: Saint Cloud
    County: Stearns
    State: MN
    Property Style: Triplex
    Zip Code: 56303
    Subdivision Name: Lowrys Add

    Interior

    Living Area: 3,537 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 12x22
    Garage Size: 264 ft2
    Foundation Size: 1,326 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Hot Water
    • Radiant
    Parking Features: Attached Garage
    Shared Amenities:
    • Coin-op Laundry Owned
    • Deck
    • Laundry
    Road Frontage: City Street
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.15
    Geolocation: 45.565105, -94.170454
    Lot Dimensions: 40 x 169

    Schools

    School District: 742
    District Phone: 320-253-9333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,425
    Annual Fuel Expense: $2,426
    Annual Insurance Expense: $5,258
    Annual Maintenance Expense: $2,490
    Annual Gross Expense: $23,063
    Annual Trash Expense: $695
    Annual Water/Sewer Expense: $3,466

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,974
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,974

    Income

    Annual Gross Income: $69,700
    Misc. Annual Income: $1,800
    Misc. Monthly Income: $150

    Units

    Total Units: 3

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.