Two Story Residence with Rental Income | PRICE JUST REDUCED

Here is an opportunity to own 3,150 SF two story residence with two apartments and a full basement. Previously operated as a daycare facility that was family owned for over 45 years.  The building has been very well maintained and is in excellent operating condition with no deferred maintenance. Newer roof and HVAC systems.  Operate your own early childhood learning center here or convert to another residential use. 

More details: 
  • Well maintained two story house with a full basement
  • Two apartments upstairs for additional rental income
  • Newer roof and HVAC as well as maintenance free exterior siding and windows
  • House is located on a corner lot with a large fenced area near SCSU
Address: 
1227 4th Avenue South, Saint Cloud, MN
County: 
Stearns
Parcel #: 
82.44670.0010
Land Area: 
25800 Sq Ft (150 X 172)
Zoning: 
Zoned Multifamily with a conditional use permit to operate a daycare facility
Size of Building: 
3,150 Sq Ft
Living Quarters: 
2 bedroom apartment and an efficiency apartment upstairs. Monthly rent of $595 and $445
Real Estate Taxes: 
$4,548 (2019)
Price: 
Was $475,000 Now $399,000 | Sale includes all daycare equipment, phone number and use of the name Kiddie Kare
Views: 
4946