Turnkey 15-unit investment opportunity in a high-demand rental location near St. Cloud State University, Lake George, and downtown amenities. This four-level building consists entirely of 1-bedroom, 1-bath units-an efficient unit mix that supports strong occupancy and consistent cash flow. Designed for ease of ownership, the property features a low-maintenance stucco exterior, on-site laundry for additional income potential, off-street paved parking, new shingles (June 2026), and dedicated landlord storage space. Its walkable location and proximity to transit and campus amenities make it highly attractive to tenants, helping minimize vacancy risk. With stable rental demand, value-add potential, and operational efficiencies already in place, this asset presents an excellent opportunity for investors seeking reliable returns and long-term appreciation. Schedule your private tour to explore this income-producing opportunity.
| MLS # | 7041157 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 189 |
| Listing Provided By | Coldwell Banker Realty | Christopher Hauck |
| SQ Feet | 10,656 |
|---|---|
| Basement | Y |
| Units | 15 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.17 |
| Cooling | None |
|---|---|
| Heating | Boiler, Hot Water |
| Appliances | Dishwasher, Range, Refrigerator |
| Roof | Asphalt |
|---|---|
| Lot Features | Public Transit (w/in 6 blks) |
| Parking Features | Paved Lot |
|---|
| Utilities | Electric Separate, Heating Common, Heating Separate, Hot Water Common |
|---|
| Property | 10036 |
|---|
| State | MN |
|---|---|
| County | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in 56301) | |
Price: $885,000 low | high Med: $355,450 sqft: 10,656 low | high Med: 1,651 $ / sqft: $83 low | high Med: $216 On site: 189 low | high Med: 21 | |
| State | MN |
|---|---|
| County | Stearns |
| City | Saint Cloud |
| Zip Code | 56301 |
| School District | 742 |
| High School | St. Cloud |
| Listing VS Median (in 56301) | |
Price: $885,000 low | high Med: $355,450 sqft: 10,656 low | high Med: 1,651 $ / sqft: $83 low | high Med: $216 On site: 189 low | high Med: 21 | |