529 2nd St SE

St. Cloud MN 56304

1945 sq. ft.

0.46 ac.

Duplex

Currently for sale - view listing

Overview

RARE INVESTMENT OPPORTUNITY – TWO HOMES ON ONE PARCEL! Discover the potential of this unique investment property located at 529 2nd Street SE in St. Cloud! Featuring two separate residences on one parcel, this property offers an excellent opportunity for investors looking to expand their rental portfolio, generate multiple income streams, or explore flexible living arrangements. The larger home features 4 bedrooms and 2 bathrooms, while the second residence offers 2 bedrooms and 1 bathroom. Both homes are currently vacant, allowing new ownership the flexibility to select tenants, establish rental terms, and begin generating income without existing lease obligations. Recent improvements include a new egress window, several additional replacement windows, multiple new doors, a new garage door, and new carpeting in the bedroom and living room. A radon mitigation system is also in place. With a combined historical rental income of $3,150 per month ($37,800 annually), this property offers attractive income potential at a listing price of $325,000. Conveniently located near shopping, dining, and other St. Cloud amenities. Two homes, one parcel, and endless possibilities for your next investment!

Features

6 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

1945 sq. ft. floor area

0.46 ac. lot size

Duplex

Property history for 529 2nd St SE

2023

Sold

$210,000

11 Aug 2023 by Gerald DeGray, of Turpen Realty, Inc.

2020

Sold

$169,900

30 Dec 2020 by James Hamling, of Keller Williams Integrity NW

2019

Sold

$150,000

30 Aug 2019 by Kerry Peterson, of Premier Real Estate Services

Happy sellers in St. Cloud

We have insufficient information to provide an overview of customer satisfaction for St. Cloud. Viewing the agent profiles, reviews and sales for St. Cloud can provide insights for this location.