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One or more photo(s) has been virtually staged. Unique Investment Opportunity in the Heart of St. Cloud! This property represents the dream for any investor, family, or savvy buyer looking to maximize their investment potential. Situated on an oversized lot in the coveted "State Streets, " this property offers flexibility, location, and profitability with no HOA restrictions.
Property Highlights:
A solid-construction, well-distributed 2-bedroom, 2-bathroom home, move-in ready. Carefully updated with a newer AC unit, kitchen, washer, and dryer—all in like-new condition—offering the comfort of a modern home that blends durability, history, and high potential for steady appreciation.
Detached Multi-Use Space: A block-construction garage transformed into a private studio with a full bathroom, air conditioning, and elegant wood ceilings. Equipped with a refrigerator and microwave, this space offers unlimited potential as a private office, personal retreat, and more.
Oversized Lot Versatility: Enjoy a spacious and private outdoor area. Thanks to its direct Alley Access, the property provides unparalleled convenience for parking an RV, boat, or additional vehicles.
RV Connection: This space includes an RV hookup and currently houses an operational RV (2025 model). Note: The RV is not included in the sale price, but the owner is open to negotiating its inclusion through a separate Bill of Sale, offering the buyer an opportunity to acquire an asset.
This property is more than just a home; it is a tool with great rental income potential. Strategically located near shopping and major roads, it offers the perfect balance between the tranquility of a historic neighborhood and the profitability of a multifunctional asset.
Don’t miss this strategic opportunity! Contact us today to schedule your private showing.
Buyer must conduct their own due diligence regarding measurements and zoning. Please submit all offers with proof of funds or a pre-approval letter to the listing agent.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$254,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $203,920 | $203,920 | $203,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $293 | $293 | $293 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,256 | $1,306 | $1,707 |
| Total Monthly Payment | $1,624 | $1,674 | $2,075 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.