1312 5th Avenue S, Saint Cloud, MN 56301 (MLS# 6814301)

Overview

Description

Welcome to this awesome opportunity. This duplex is large, with 4 bedrooms and 2 bathrooms on each side. Each unit is spacious with 1500 square feet of living space and lots of natural light. Built in 2007, it is newer than most other multifamily homes in the area. This home is located near Saint Cloud State University, so there is no shortage of renters in the area. This listing is only being made available due to seller locating to a new area. If you are a local investor, or have always wanted an investment property, this is the perfect place for you to check out. Unit 1310 is currently rented for $1500 a month, while unit 1312 is vacant. Perfect for an owner occupant, or an investor wanting to add to their portfolio.

Open Houses

Saturday, May 30, 12:00 pm - 1:30 pm

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 2007
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1680
Above Ground SqFt: 1680
Below Grd Total SqFt: 1394
Total SqFt: 3074
Foundation Size: 1680
Style: (MF) Duplex Side X Side
Total Finished Sqft: 3074.00
Lot Dimensions: 55 x 132
Acres: 0.17
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Construction Status: Previously Owned Exterior: Vinyl Foundation: Other Fuel: Electric; Natural Gas Heating: Forced Air Lock Box Type: Supra Parking Characteristics: Driveway - Shared Rental License Type: Standard Sellers Terms: Cash; Conventional; FHA; Other Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 425000
ListPrice: 420000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1312
Street Name: 5th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56301
Complex/Dev/Subdivision: Brott & Smiths Add

Assessments

Tax With Assessments: 3520
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1680
Finished SqFt Below Ground: 1394

More Information

Income and Expenses

Annual Gross Income: 36000
Annual Insurance Expense: 2600
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SPAAR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 28
Section#: 13
Township#: 124

Unit 1

Furnished?: No
Lease Expiration Date: 2026-05-31
Leased?: Yes
Unit Number: Yes
Annual Rent: 18000
Finished SqFt: 1500
Full Baths: 2
Monthly Expense: 100
Monthly Rent: 1500
No. of Units Like This: 2
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 10

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 002 BLK 023 BROTT & SMITH'S ADD SECTION 13 TOWNSHIP 124 RANGE 028
Listing City: Saint Cloud
Map Page: 231
Municipality: Saint Cloud
School District: St. Cloud
School District Phone: 320-253-9333
Zip Plus 4: 5444
Property ID Number: 82446780001
Tax Year: 2025
Tax Amount: 3520
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to this awesome opportunity. This duplex is large, with 4 bedrooms and 2 bathrooms on each side. Each unit is spacious with 1500 square feet of living space and lots of natural light. Built in 2007, it is newer than most other multifamily homes in the area. This home is located near Saint Cloud State University, so there is no shortage of renters in the area. This listing is only being made available due to seller locating to a new area. If you are a local investor, or have always wanted an investment property, this is the perfect place for you to check out. Unit 1310 is currently rented for $1500 a month, while unit 1312 is vacant. Perfect for an owner occupant, or an investor wanting to add to their portfolio.
Directions: One Block W from Herb Brooks National Hockey Center on 5th Ave. S

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Other: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Driveway - Shared: Yes

Rental License Type

Standard: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes