REDUCED MULTI-FAMILY INCOME PROPERTY located within short walking distance from Historic Downtown Saint Cloud. Only 7 blocks from lakefront with restaurant and public beach. The downtown is currently being master planned and re-designed. There are new restaurants opening in 2020 and a 3-star boutique St Cloud Hotel getting started. St Cloud has only limited amount of apartments available within downtown area There are only limited amount of apartments within the vicinity of downtown St Cloud, therefore the opportunity for an investor to take this historic building and make it into a JEWEL. Property is also located within recently established OPPORTUNITY ZONE. GREAT INCOME PROPERTY. This historic gem used to be one of the first hotels in Saint Cloud. Property has a new roof (2017 Main Building & 2019 Side Building), updated stairs and balcony, it gets regularly inspected and sprayed. This property is zoning may allow one additional unit to be added bringing the apartment count to 9 total. CASH FLOW PROPERTY!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
