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Listed price in listed location currency (USD).
$1,549,900

0014

MLS® 7092664

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $24,464
Days Active 0
Lot Size 0.92 Acres
Approx. Age 1965
MLS® Number 7092664

Property Address: 117 3rd Ave S, Sauk Rapids, MN, 56379-1247

Average square foot calculated using Size range provided by listing agent.

Description

Village View Apartments is a perfectly located multi-family asset with 21-units, one block off the main-street in downtown Sauk Rapids, Minnesota. This value-add opportunity in the Saint Cloud metro area sits on a full block with 0.92 acres and consists of a 12-unit, an 8-unit and a single-family home. The unit mix on the apartments is 17 two bedroom and 3 one bedroom all with one bathroom. Professionally managed by Granite City Real Estate Partners. They would entertain staying on with a new owner for management making this a very smooth transition. The apartment buildings are all brick exterior and include twelve detached garages. All the pitched gable roofs were replaced in 2020. 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!
MLS® Number7092664
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1965
Basement
DrivewayAttached Garage, Detached Garage
Garage Spaces
HeatBaseboard, Boiler, Hot Water
A/CWall Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 14, 2026List Date
$1,549,900List Price
  • Commute

Commute

Starting Address
Destination Address
117 3Rd Ave S, Sauk Rapids, MN

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