Sherry Coauette
MLS#7003115
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONNormal Park Add
SCHOOLSt. Cloud
Property Description
This fully renovated multi-family apartment complex in St. Cloud offers a rare opportunity to own a stabilized, professionally managed investment property with modern finishes and low owner responsibility. The building consists of 15 total units, including three (3) 2-bedroom, 2-bath units and twelve (12) 4-bedroom, 1-bath units, providing a strong and flexible unit mix. The property underwent a complete rehabilitation in 2023, featuring updated common hallways, new luxury vinyl plank and laminate flooring throughout the entire building, and tiled showers in all units. On-site laundry adds convenience for tenants and supports retention. All units are leased and professionally managed, offering immediate income and organized operations. Owners cover virtually no utilities, as costs are passed through via reimbursements, helping maintain strong cash flow and predictable expenses. This turn-key St. Cloud investment is ideal for buyers seeking stable income, minimal deferred maintenance, and long-term value.
Property Features
Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Baseboard, Boiler
Lot Size: 0.63 Acres
Stories: 3.0
Taxes: $22,212
Year Built: 1988
Feature Descriptions
Appliances: Cooktop, Dishwasher, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
Basement: None
Current Use: Residential
Days on Site: 127
Foundation Size: 7106
Lot: Irregular Lot
Lot Dimensions: 141x110x67x170x175
Owners Expense: Sewer, Snow Removal, Trash Collection, Water
Parcel#: 82488110000
Parking: Guest Parking, Parking Lot, Paved Lot
Road Frontage: City Street
Sale Includes: Building
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Sewer, Water
Units: 15
Utilities: Hot Water Common
Water: City Water/Connected
Local Schools
School District: St. Cloud
Listed By / Shown By
Listed By
Agency Name: Keller Williams Integrity NW
Agency Phone: 763-441-2248
Shown By
Agent Name: Sherry Coauette
Agent Phone: (218) 280-8272
Agency Title: LeBlanc Realty
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1120 9th Avenue S | MLS# 7003115
This commercial property located at 1120 9th Avenue S, Saint Cloud, MN 56301 is currently listed for sale with an asking price of $1,499,000. 9th Avenue S is located within the St. Cloud school district. Search Saint Cloud real estate on scoauette.leblancrealty.com today.