Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $329,900
MLS#: 7036091
Current Price: $329,900
Address: 1340 5th Avenue S, Saint Cloud, MN 56301
City: Saint Cloud
State: MN
Postal Code: 56301
Geo Lat: 45.545293
Geo Lon: -94.153549
Subdivision: Brott & Smiths Add
County: Stearns
Property Description
Year Built: 1982
Lot Size SqFt: 14374.8
Gen Tax: 4482
Specials Inst: 32
High School: St. Cloud
Square Ft. Source:
Above Grade Finished Area: 3708
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 3708
Style: Array
Total Bedrooms: 8
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
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