UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,947 sqft
Price per Sqft $101
Subdivision A A Browns Add
MLS Listing ID 7087061
Bedrooms 7
Year Built 1940
Annual Tax Amount $3,894
Tax Year 2026
Contingent None
Lot Size 10,890 Sqft
Lot Dimensions 83 X 135
Property Sub-Type Fourplex
Property Description
This well-maintained fourplex offers a mix of updated, move-in-ready units alongside additional units with upside potential, allowing a new owner to add value and grow rents over time.
The main level 3-bedroom unit has been fully renovated and features custom built-ins, luxury vinyl plank flooring throughout, an updated kitchen with new appliances, a spacious living room, an updated bathroom, and fresh paint throughout. The lower level 2-bedroom unit has also seen recent updates, including new luxury vinyl plank flooring, fresh paint and drywall, new flooring in one bedroom, and updated lighting fixtures.
Rounding out the property are an upper level 1-bedroom unit and a main level 1-bedroom unit, both offering excellent opportunity for cosmetic improvements to boost rental income further.
Building-wide improvements add peace of mind and reduce deferred maintenance, including a new furnace and ductwork servicing all units, a new water heater, and updated keypad entry systems on every unit. The basement includes a dedicated owner's storage room, additional tenant storage, and a shared coin-operated laundry room providing supplemental income.
With its unbeatable location near campus, the lake, and downtown amenities, combined with a blend of updated units and value-add opportunities, this property is a must-see for any investor looking to expand their portfolio.
Location
State MN
County Stearns
Zoning Residential-Multi-Family
Rooms
Basement Finished, Full
Interior
Heating Baseboard, Forced Air
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Parking Features Paved Lot, Open
Roof Type Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Story One and One Half
Foundation 2062
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
New Construction false
Schools
School District St. Cloud
Nearby Locations
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