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.
90 days
|
591
|
44
|
Zillow last checked:
Listing updated:
Listed by:
Heidi J. Voigt320-250-1001,
VoigtJohnson,
Brandon Johnson320-309-7521
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7047244
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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