427 16th Avenue N, Saint Cloud, MN 56303 (MLS# 7062721)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1910
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 808
Above Ground SqFt: 1617
Below Grd Total SqFt: 800
Total SqFt: 2417
Foundation Size: 800
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1617.00
Garage Stalls: Yes
Lot Dimensions: 100x78
Acres: 0.18
Assessment Pending: No

Property Features

Accessible: None Basement: Storage Space; Unfinished Construction Status: Previously Owned Exterior: Fiber Board Foundation: Poured Concrete Fuel: Natural Gas Heating: Boiler; Forced Air Sellers Terms: Contract for Deed Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 300000
ListPrice: 300000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 427
Street Name: 16th
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Saint Cloud
County: Stearns
State: MN
Zip Code: 56303
Complex/Dev/Subdivision: Edelbrocks Add

Assessments

Tax With Assessments: 2726
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1617

More Information

Income and Expenses

Annual Electric Expense: 1392
Annual Gross Expenses: 17214
Annual Gross Income: 27960
Annual Insurance Expense: 2049
Annual Trash Expense: 1576
Total Annual Expenses: 17214
Annual Caretaker Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 240

Public Survey Info

Range#: 28
Section#: 11
Township#: 124

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 10176
Finished SqFt: 808
Full Baths: Yes
Monthly Rent: 848
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 13800
Finished SqFt: 808
Full Baths: Yes
Monthly Rent: 1150
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 3

Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 8952
Finished SqFt: 900
Full Baths: Yes
Monthly Rent: 746
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit Details

Total Units: 3

Office/Member Info

Association: SCAAR

Location, Tax and Other Information

Legal Description: EDELBROCKLOT 1 & N1/2 OF LOT 2 ZAPP & MOOSEBRUGGER'S SUB ZAPP&MOOSBRUGER'S SUBD BLK 31, EDELBROCKS ADD SECTION 11 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: 1967
Property ID Number: 82528120000
Tax Year: 2024
Tax Amount: 2726
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great income-generating rental property with long-term tenants! Two houses, three total units, all on one parcel (427 16th Ave N is the larger home and 1608 5th St N is the smaller home). Many updates have been done throughout the property, making this a must-see investment opportunity! There is no "for sale" sign in the yard.
Directions: From 3rd Street, head North onto 16th Avenue.

Accessible

None: Yes

Basement

Storage Space: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Fiber Board: Yes

Foundation

Poured Concrete: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Forced Air: Yes

Sellers Terms

Contract for Deed: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

427 16th Avenue N, Saint Cloud, MN 56303

Overview

Description

Listing Details MLS# 7062721