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Active
Listed
$1,599,000
/mo   Edit
MLS# 5276103
Commercial
Built 1987
0.67 acres
St. Cloud schools
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    Description:   Bridgeport is a well maintained 18 Unit property with an ultra-prime location, just steps to St. Cloud State University & nearby downtown St. Cloud. There are six three-bedroom units and twelve four-bedroom units. The four-bedroom units each have one full BA + an additional shower. This property is an incredibly solid long term investment!
    List Price: $1,599,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1987
    City: Saint Cloud
    County: Stearns
    State: MN
    Zip Code: 56301

    Interior

    Building Fin Sq Ft: 21,000 ft²

    Exterior

    Air Conditioning: Wall
    Heating System: Baseboard, Hot Water, Boiler
    Foundation Size: 7,000 ft²
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Vinyl, Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 47
    Roof Details: Asphalt Shingles

    Lot

    Acres: 0.67
    Latitude: 45.54892600
    Longitude: -94.15489800
    Lot Size Dim.: 133x217
    Dev/Complex Name: Curtis Surv Add
    Zoning: Residential-Multi-Family

    Schools

    School District: 742 - St. Cloud
    District Phone: 320-253-9333

    Expenses

    Annual Gross Expense: $88,870
    Owner Expenses: Taxes, Insurance, Water/Sewer, Fuel, Maintenance/Repair, Trash, Snow, Janitorial, Lawn

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $21,164
    Assessment Pending: No
    Taxes w/ Assessments: $21,164

    Income

    Annual Gross Income: 207360.00

    Rent

    Annual Net Income: $118,490

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 0
    Total Rooms in Unit 3: 6
    Total Units: 18
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Utilities: Heating Common, Hot Water Common
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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    Listing provided by RMLS, courtesy of MRG Realty Partners, LLC