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$175,000
5 Beds 2 Baths 7134385 MLS
Prime Rental Opportunity Near SCSU 5 Bed | 2 Bath | Licensed for 4 Bedrooms Excellent opportunity to own a well-located rental property just minutes from St. Cloud State University. This 5-bedroom, 2-bath home is currently licensed for 4 bedrooms and generates $1,875 per month in rental income. The home features four upper-level bedrooms, a spacious living room with hardwood floors, and newer flooring in the kitchen and dining area. A separate basement entrance adds flexibility for tenants or future use. Outside, the property offers ample off-street parking plus a large detached garage with a loft area, providing abundant storage space. Tenants are responsible for gas and electric, while the owner pays water, sewer, and garbage, keeping operating expenses manageable. With its layout and location, this property also offers the potential to transition back to a single-family home once the current lease expires. Current Lease in place until April 2027.

511 6th Avenue S, Saint Cloud

Listing courtesy of VoigtJohnson.

$13,130,290
7095794 MLS
Exceptional redevelopment opportunity in one of the fastest-growing commercial corridors in the St. Cloud area. This prime site is included in a city-approved preliminary redevelopment plan featuring a new YMCA, senior housing, multifamily residential, office space, banks, restaurants, grocery, and retail development. Located just two minutes from I-94, the property benefits from outstanding accessibility, approximately 6,000 vehicles per day on the newly improved 33rd Street South, and strong surrounding demographics. Three nearby schools and several newer, high-end residential subdivisions further enhance the area's long-term growth potential and demand. Extensive due diligence has already been completed, with development plans, reports, and supporting documents available for review. The existing nursery and landscaping business will relocate to a larger facility in 2027, creating an outstanding opportunity for investors and developers to capitalize on this highly desirable location.

4040 33rd Street S, Saint Cloud

Listing courtesy of Coldwell Banker Realty.

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