Residential Income in Saint Cloud

$325,000

529 2nd, 56304, Saint Cloud, MN

Residential Income for sale in Saint Cloud, 529 2nd, 56304, 1945 m²

529 2nd, 56304, Saint Cloud, MN

$325,000

6Bed
3Bath
1945m²
Type: Residential Income

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!

Agent Information

Location

529 2nd, 56304, Saint Cloud, MN

Data

Object TypeResidential Income
Purchase Price$325,000
Living Space1945 m²
Plot SizeN/A
Bathrooms3
Construction Year1943
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1943
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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