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Excellent investment opportunity! This four-unit rental property features two upper-level and two lower-level apartments, all currently occupied, providing immediate rental income. Two of the units have long-term tenants who have rented for over 10 years, offering added stability. Situated on a desirable corner lot, the property includes a detached two-car garage that is also rented for additional income. Ample off-street parking provides convenience for tenants, making this an attractive investment with strong income potential.

6 Beds ⋅ 4 Baths ⋅ 7115818 MLS

Excellent investment opportunity! This four-unit rental property features two upper-level and two lower-level apartments, all currently occupied, providing immediate rental income. Two of the units have long-term tenants who have rented for over 10 years, offering added stability. Situated on a desirable corner lot, the property includes a detached two-car garage that is also rented for additional income. Ample off-street parking provides convenience for tenants, making this an attractive investment with strong income potential.

232 E Broadway Street, Rockville

Listing courtesy of Edina Realty, Inc.

100% Occupied 16 Unit Apartment Building With Immediate Cash Flow Generating $140,000 in annual gross income on the edge of town surrounded by farm fields, park across the street, and long history of low vacancies only minutes from Cold Spring, I-94 and the large St. Cloud Metro. Only a few vacancies in the past 5 years and immediately filled. Two 1970 brick buildings consisting of 12 - Two Bedroom units averaging $775 in rent with market rents being around $900 and 4 - One Bedroom units averaging $650 in rent with market rents being around $750 per unit. Many recent updates including architectural shingles, vinyl windows, and nearly all units have been updated such as the three units in photos with newer flooring, paint, kitchen, appliances, bathrooms & fixtures. Two new sets of coined washer/dryer for additional income. Hot water boiler heat the owner pays for gas, plus water, sewer, garbage, snow removal and lawn care. Tenants pay for electric heat with 16 separate electric meters and AC units on 60 amp fuses. 6 garage stalls and blacktop parking lot. Annual expenses Include: Insurance $9,365, Taxes $13,950, Garbage $6,500 Water/Sewer $12,000, Electric $3,800, Gas $7,500 This is a rare find and opportunity to own a TURN KEY cash flowing apartment building.

100% Occupied 16 Unit Apartment Building With Immediate Cash Flow Generating $140,000 in annual gross income on the edge of town surrounded by farm fields, park across the street, and long history of low vacancies only minutes from Cold Spring, I-94 and the large St. Cloud Metro. Only a few vacancies in the past 5 years and immediately filled. Two 1970 brick buildings consisting of 12 - Two Bedroom units averaging $775 in rent with market rents being around $900 and 4 - One Bedroom units averaging $650 in rent with market rents being around $750 per unit. Many recent updates including architectural shingles, vinyl windows, and nearly all units have been updated such as the three units in photos with newer flooring, paint, kitchen, appliances, bathrooms & fixtures. Two new sets of coined washer/dryer for additional income. Hot water boiler heat the owner pays for gas, plus water, sewer, garbage, snow removal and lawn care. Tenants pay for electric heat with 16 separate electric meters and AC units on 60 amp fuses. 6 garage stalls and blacktop parking lot. Annual expenses Include: Insurance $9,365, Taxes $13,950, Garbage $6,500 Water/Sewer $12,000, Electric $3,800, Gas $7,500 This is a rare find and opportunity to own a TURN KEY cash flowing apartment building.

314 County Road 8, Rockville

Listing courtesy of Central MN Realty LLC.

Discover the perfect setting for your dream home or cabin on this highly sought-after half-acre lot on beautiful Grand Lake. With breathtaking sunset views and a shallow shoreline ideal for swimming, this property offers the best of lake living. Grand Lake is a beloved 650-acre lake known for its strong sense of community and rich local traditions. Residents enjoy annual events hosted by the Lake Association, including a festive 5K run, Fourth of July flag raising, boat parade, and spectacular evening fireworks. The lake reaches depths of up to 34 feet and is perfect for swimming, sailing, fishing, and a variety of water sports. A lakeside restaurant (currently for sale) adds to the charm. Ideally located, this property offers an easy commute to St. Cloud for major amenities. The town of Cold Spring is just 4.7 miles away and features a grocery store, splash pad, movie theater, brewery, and more. The lot sits on a city-maintained, flat tar road and is just a short walk from a new city park that will be coming soon. Outdoor enthusiasts will appreciate Powder Ridge downhill ski area only 6 miles away. School options include St. Cloud Schools or open enrollment into ROCORI Schools or St.Johns Preparatory High School. Lake lots of this size and quality are a rare find—don’t miss the opportunity to make this exceptional half-acre property the foundation for your forever home.

Discover the perfect setting for your dream home or cabin on this highly sought-after half-acre lot on beautiful Grand Lake. With breathtaking sunset views and a shallow shoreline ideal for swimming, this property offers the best of lake living. Grand Lake is a beloved 650-acre lake known for its strong sense of community and rich local traditions. Residents enjoy annual events hosted by the Lake Association, including a festive 5K run, Fourth of July flag raising, boat parade, and spectacular evening fireworks. The lake reaches depths of up to 34 feet and is perfect for swimming, sailing, fishing, and a variety of water sports. A lakeside restaurant (currently for sale) adds to the charm. Ideally located, this property offers an easy commute to St. Cloud for major amenities. The town of Cold Spring is just 4.7 miles away and features a grocery store, splash pad, movie theater, brewery, and more. The lot sits on a city-maintained, flat tar road and is just a short walk from a new city park that will be coming soon. Outdoor enthusiasts will appreciate Powder Ridge downhill ski area only 6 miles away. School options include St. Cloud Schools or open enrollment into ROCORI Schools or St.Johns Preparatory High School. Lake lots of this size and quality are a rare find—don’t miss the opportunity to make this exceptional half-acre property the foundation for your forever home.

11074 Grand Lake Road, Rockville

Listing courtesy of Lakes Area Realty.

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