$1,550,000
$1,390,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
0.62 Acres Lot
SOLD DATE : 09/29/2022
Key Details
Sold Price $1,550,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Normal Park Add
MLS Listing ID 6238774
Sold Date 09/29/22
Year Built 1988
Annual Tax Amount $15,720
Tax Year 2022
Contingent None
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 174x142x174x170
Property Description
Stearns Ridge Apartments is a 15 unit building consisting of 5 - 2 bedroom units and 10 - 4 bedroom units with a gross potential income in excess of $196,000/year. 100% occupancy. This property would make an excellent addition to an investors portfolio.
Location
State MN
County Stearns
Zoning Residential-Multi-Family
Interior
Heating Baseboard, Boiler, Hot Water
Fireplace No
Exterior
Garage Asphalt
Utilities Available Electric Separate, Heating Common, Hot Water Common
Present Use Residential
Parking Type Asphalt
Building
Foundation 7106
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Vinyl Siding
Schools
School District St. Cloud
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