520-524 14th Street South

St. Cloud, MN 56301

$2,100,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

7.25%+ Cap Rate on this package sale including two buildings with a total of 23 units! Stearns Terrace has 9-Four bedroom units & 1-One bedroom unit. The Heights has 12-Four bedroom apts & 1-One bedroom unit. 6 garage stalls & 15 tuck-under. Some recent updates have been done to make this a turn-key investment property! The buildings are ready for an easy transition to a new owner.7.25%+ Cap Rate on this package sale including two buildings with a total of 23 units! Stearns Terrace has 9-Four bedroom units & 1-One bedroom unit. The Heights has 12-Four bedroom apts & 1-One bedroom unit. 6 garage stalls & 15 tuck-under. Some recent updates have been done to make this a turn-key investment property! The buildings are ready for an easy transition to a new owner.
  1. Listed by Premier Real Estate Services

Property Details for 520-524 14th Street South

Subdivision Name
Brott & Smiths Add
Zoning Jurisdiction
Residential-Multi-Family

Location

Listing Courtesy of Premier Real Estate Services
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LISTING UPDATED: 03/14/2024 09:03 PM

Property Details for 520-524 14th Street South

StatusActive
MLS #6498734
Days on Compass52
Taxes$25,552 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1988
Lot Size0.48 AC / 20,908 SF
CountyStearns County

Location

Listing Courtesy of Premier Real Estate Services
Add your commute

Building Information for 520-524 14th Street South

Stories-Residences23Year Built1988Lot Size0.48 AC / 20,908 SF

Payment Calculator

$13,590 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$2,129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 520-524 14th Street South

Summary
Location and General Information
  • City Name: Saint Cloud
  • County Or Parish: Stearns
  • County: Stearns-MN
  • Directions: 9th ave South, left on 14th Street
  • Latitude: 45.544738
  • Longitude: -94.155062
  • Map Coordinate: 231-B2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Saint Cloud
  • City and Location Text: Saint Cloud(MN)
  • Postal Code: 56301
  • State Or Province: MN
  • Public Survey Township: 124
Taxes and HOA Information
  • Additional Parcels Description: 82447000000
  • Additional Parcels: Yes
  • Parcel Number: 82447000020
  • Tax Annual Amount: $25,552.00
  • Tax Legal Description: 13 -124 -028 PART OF LOTS 7, 8 & 9 LYING E OF LN DRAWN S FROM PT ON N LN LOT 7 122.60' E OF NW CORN TO S LN LOT 9 LESS S 14' OF W 132' OF SAID LOT 9 BROTT & SMITH'S ADD
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 25552.0000
School Information
  • High School District: 742 - St. Cloud
  • School District Number: 742
  • School District Phone: 320-253-9333
Property
Lot Information
  • Current Use: Residential
  • Lot Size Area: 0.48
  • Lot Size Dimensions: 149x151
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 28560.0
Property and Assessments
  • Age Of Property: 36
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Common, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 6164.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Flat
Interior Features
  • Appliances: Cooktop, Exhaust Fan, Microwave, Refrigerator
  • Basement Type: None
  • Amenities Unit: Intercom System
  • Cooling: Wall Unit(s)
  • Heating: Boiler, Radiant
  • Levels: Three Or More
  • Number of Refrigerator: One Per Unit
  • Basement YN: No

Property History for 520-524 14th Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 520-524 14th Street South

This home is within St. Cloud Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Talahi Community Elementary School
PublicPK to 2

South Junior High School
Public6 to 8

Technical Senior High School
Public9 to 12

Riverwoods School - Residential
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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520-524 14th Street South is for sale in St. Cloud, MN 56301. This property was listed for sale on March 5, 2024 by Premier Real Estate Services, it's currently listed at $2,100,000. This listing's school district is St. Cloud Public School District. Nearby schools include Talahi Community Elementary School, South Junior High School and Technical Senior High School. 520-524 14th Street South is a 0-bed, 0-bath, built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier Real Estate Services

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 03/14/2024 09:03 PM