Property 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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Egress Window(s), Finished, Full
Garage: 2
Heating: Forced Air
Lot Size: 0.46 Acres
Roof Type: Age 8 Years or Less
Taxes: $3,740
Year Built: 1943
Feature Descriptions
Days on Site: 1
Foundation Size: 1054
Lot: Corner Lot
Lot Dimensions: 154x130
Parcel#: 170013300
Parking: Detached Garage
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities
Units: 2
Water: City Water/Connected
Local Schools
School District: St. Cloud
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agency Phone: 320-500-4397
Shown By
Agent Name: Chad Piepho, Broker
Agent Phone: (218) 963-MOVE
Agency Title: Counselor Realty
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Estimated Payment
$ 2,136.24 per month $1,729.79 Principal & Interest $311.67 Property Tax $94.79 Homeowner's InsuranceChange Payment Information
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529 2nd Street Se | MLS# 7164086
This multi-family property located at 529 2nd Street Se, Saint Cloud, MN 56304 is currently listed for sale with an asking price of $325,000. 2nd Street Se is located within the St. Cloud school district. Search Saint Cloud real estate on cpiepho.counselorrealty.com today.