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$189,900
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 2 ba • Built 1902
2,178 sqft • 0.13 acres
St. Cloud schools
MLS# 7074655
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    Property Description

    Excellent opportunity to expand your investment portfolio with this up/down duplex in the heart of Waite Park! Each unit offers comfortable living spaces with strong rental appeal, making this a great option for both seasoned investors and owner-occupants looking to offset their mortgage. Convenient location near shopping, dining, parks, and major roadways provides easy access for tenants. Property features separate living spaces, off-street parking, natural gas heat, and in-unit laundry. Tenants pay most utilities, helping maximize cash flow potential. Garage stalls can be rented for additional income opportunity. Whether you're looking for steady rental income or future value-add potential, this duplex is packed with possibilities!

    Listing

    Contingency: None
    Price per sq ft: $87
    City: Waite Park
    County: Stearns
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56387
    Subdivision Name: Townsite Of Waite Park

    Interior

    Living Area: 2,178 ft2
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Finished
    • Single Tenant Access

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Size: 525 ft2
    Foundation Size: 1,043 ft2
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features:
    • Asphalt
    • Detached Garage
    Shared Amenities: Patio
    Pool: None
    Roof Details: Age Over 8 Years

    Rooms

    Shared Rooms: Other
    Laundry: In Unit

    Lot & Land

    Acres: 0.13
    Geolocation: 45.557037, -94.229642
    Lot Dimensions: 45 x 125
    Zoning: Residential-Multi-Family

    Schools

    School District: 742
    District Phone: 3202539333

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Broadband, Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,616
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $4,632

    Income

    Annual Gross Income: $25,500

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.