1120 9th Avenue S, Saint Cloud, MN 56301

Property Description

This fully renovated multi-family apartment complex in St. Cloud offers a rare opportunity to own a stabilized, professionally managed investment property with modern finishes and low owner responsibility. The building consists of 15 total units, including three (3) 2-bedroom, 2-bath units and twelve (12) 4-bedroom, 1-bath units, providing a strong and flexible unit mix. The property underwent a complete rehabilitation in 2023, featuring updated common hallways, new luxury vinyl plank and laminate flooring throughout the entire building, and tiled showers in all units. On-site laundry adds convenience for tenants and supports retention. All units are leased and professionally managed, offering immediate income and organized operations. Owners cover virtually no utilities, as costs are passed through via reimbursements, helping maintain strong cash flow and predictable expenses. This turn-key St. Cloud investment is ideal for buyers seeking stable income, minimal deferred maintenance, and long-term value.