117 3rd AVE S Sauk Rapids, MN 56379
0.92 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Town Of Sauk Rapids
MLS Listing ID 7092664
Year Built 1965
Annual Tax Amount $24,464
Tax Year 2026
Contingent None
Lot Size 0.920 Acres
Lot Dimensions 132 x 300
Property Description
Apartments were constructed in 1965 and the sale includes a one and a half story single family home with three bedrooms and two bathrooms. These are very well-maintained properties and feature a mix of one and two-bedroom units all with one bathroom, providing a variety of options for potential renters. Additionally, the property includes a spacious parking lot with additional off-street separate parking spaces, ensuring that tenants have ample space to park their vehicles.
The exterior of the property is well-maintained and features a classic brick façade and newer vinyl windows, while the interior of the units are spacious and have updated appliances. The property is conveniently located near major highways and the downtown Sauk Rapids and Saint Cloud areas, making it easy for tenants to enjoy all the amenities both cities have to offer.
Investors looking for a value-add opportunity with strong cash flow potential will appreciate the low maintenance costs and high rental demand in the area. Don't miss out on this rare opportunity to own a property that is super clean and well maintained and also in a non-rent controlled city of Minnesota!
Location
State MN
County Benton
Zoning Residential-Multi-Family
Interior
Heating Baseboard, Boiler, Hot Water
Cooling Wall Unit(s)
Flooring Carpet, Tile, Vinyl
Inclusions Building, Land, Leases, Rental License
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Attached Garage, Detached Garage
Garage Spaces 14.0
Fence None
Pool None
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less,Asphalt,Pitched
Present Use Residential
Building
Lot Description Corner Lot, Tree Coverage - Medium
Story Three Or More
Foundation 6250
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick,Frame
New Construction false
Schools
School District Sauk Rapids-Rice