a Berkshire Hathaway affiliate

$1,700,000

500 11th Street S, Saint Cloud


500 11th Street S Saint Cloud, MN 56301

Active Contingent MLS# 5474704

23,519 sq ft Commercial

Data current as of {{getLocalTime('2020-02-29T07:20:39Z')}}

Details

MLS# 5474704

Description for 500 11th Street S, Saint Cloud, MN, 56301


Located directly across from SCSU Halenbeck Hall. This 18 unit apartment complex has had the same owner for 23 years! It features 17 large - 4 bedroom / 2 bath units, and a 1 bedroom unit. The exterior was completely redone in 2015 with a new roof, siding, and windows. A solid investment opportunity offered at 8.5% cap rate.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active Contingent-Inspection

Lot Size: 0.86 Acres

Square Feet: 23,519 sq ft

Year Built: 1984

Foundation: 7,840 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Brott & Smiths Add

Builder:

Foundation:

Total Units: 18

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Stearns

Days On Market: 22

HERS Score:

Construction Status: Previously Owned

School Information


District: 742 - St. Cloud

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Range, Refrigerator

Flooring:

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Common,Hot Water Separate

Other Utilities:

Cooling: Wall

Heating: Forced Air, Electric

Exterior / Lot Features


Parking Spaces: 45

Parking Description: Driveway - Asphalt, Paved Lot

Exterior: Brick/Stone

Lot View:

Lot Dimensions: .81 acres

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Community Features


Complex Features: Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


5th Ave S, located across from Halenbeck Hall

Financial Considerations


Other Deposit Fees:

Assessments: $144

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $252,240

Ownership Type:

Tax/Property ID: 82446530000

Tax Amount: $20,688

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$1,700,000 Original Price
$1,700,000 Current Price
+$0 Total Change
Date Price Change
2/5/2020 03:48 PM $1,700,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 500 11th Street S

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings