1414 2Nd St S, Saint Cloud, MN 56301

Description

With high rents, long term tenants, and guaranteed income at a minimum until May 1st of 2027, this property is an excellent income producing investment opportunity for investors to walk into. When the property was purchased, the current owner had the home converted into a rental and brought everything up to city code. Rents for the past two years were $1,800 and moving up to $2,415 in May with new tenants moving in that also pay for all utilities. This home features a classic 4-bedroom, 1-bathroom ranch-style home showcasing hardwood floors, dining room, ample storage space, complemented by an enclosed front porch. The exterior includes a one car garage with a shared wall...