Property Listing
Description
RARE INVESTMENT OPPORTUNITY – TWO HOMES ON ONE PARCEL! Discover the potential of this unique investment property located at 529 2nd Street SE in St. Cloud! Featuring two separate residences on one parcel, this property offers an excellent opportunity for investors looking to expand their rental portfolio, generate multiple income streams, or explore flexible living arrangements. The larger home features 4 bedrooms and 2 bathrooms, while the second residence offers 2 bedrooms and 1 bathroom. Both homes are currently vacant, allowing new ownership the flexibility to select tenants, establish rental terms, and begin generating income without existing lease obligations. Recent improvements include a new egress window, several additional replacement windows, multiple new doors, a new garage door, and new carpeting in the bedroom and living room. A radon mitigation system is also in place. With a combined historical rental income of $3,150 per month ($37,800 annually), this property offers attractive income potential at a listing price of $325,000. Conveniently located near shopping, dining, and other St. Cloud amenities. Two homes, one parcel, and endless possibilities for your next investment!
Property Information
Status: Active
Sub Type: ********
List Price: $325,000
MLS#: 7164086
Current Price: $325,000
Address: 529 2nd Street SE, Saint Cloud, MN 56304
City: Saint Cloud
State: MN
Postal Code: 56304
Geo Lat: 45.564772
Geo Lon: -94.147102
Subdivision: Auditors 1916 Sub
County: Benton
Property Description
Year Built: 1943
Lot Size SqFt: 19602
Gen Tax: 3740
Specials Inst: 0
High School: St. Cloud
Square Ft. Source:
Above Grade Finished Area: 1583
Below Grade Finished Area: 362
Below Grade Unfinished Area:
Total SqFt.: 1945
Style: Array
Total Bedrooms: 6
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: