Active

$1,249,900

Features:
  • 6 Bedrooms
  • 5 Bathrooms
  • 4531 sq ft
Overview
  • ID: MFRS5113998
  • Bedrooms: 6
  • Bathrooms: 5
  • Size: 4531 sq ft
Property Details
Remarks
Incredible Income Property - A Hidden Gem with Endless Potential! Discover this remarkable 2021-built income property, perfectly designed for both investors and owner-operators. Boasting a total of 5 bedrooms and 5½ baths, this versatile property is comprised of 4 separate rental units, each with its own private entrance, offering flexibility and excellent income potential. Spanning an impressive 6,860 sq ft, this property features a grand communal space with a 31 ft x 31 ft living/family room seamlessly connected to a spacious combined kitchen and dining area—ideal for hosting guests or communal living. Upstairs:The main unit is a spacious two-bedroom apartment (approx. 1,200 sq ft) with a large open-concept kitchen, dining, and living area. Both bedrooms are generously sized, each comfortably accommodating two queen-size beds. An additional one-bedroom unit also on the upper level includes two queen-size beds, a large full bathroom, a refrigerator, and a convenient dining nook. The owner’s suite on the upper level is truly luxurious, featuring an 18x14 master bedroom with an elegant bathroom, walk-in shower, and double vanity. Downstairs: Two well-appointed rental units, each with a queen-size bed and a spacious private bathroom, providing comfort and privacy for guests or tenants. Built to the highest standards, this property leaves no detail overlooked: Elevated 5 feet above normal requirements for added safety and security. Hurricane-strength windows rated for 180 mph winds. Two 5-ton energy-efficient AC units and a tankless water heater for ultimate comfort. Smart home features, including LED lighting throughout, 12 ceiling fans, and a smart refrigerator in the main kitchen—all controllable via smartphone. High-quality finishes like gas stove and dryer, solid wood doors, and superior insulation for soundproofing. Set on .97 acres, the outdoor space is equally impressive, with a large screened-in rear porch for relaxation. The property also includes an oversized 3-car garage (44 ft x 25 ft) to accommodate vehicles, equipment, or recreational toys. Additionally, there’s a block warehouse that could be transformed into more rental units—offering even greater income potential. This property’s strong rental history ensures a positive income stream. Don’t miss out on this rare opportunity—schedule your private viewing today and unlock the potential of this unique income property!
Financial Considerations
Price:
$1,249,900
HOA Fee:
N/A
Tax Amount:
$8155
Price per SqFt:
$275.86
Tax Legal Description:
S L & I C LAKE FRONT ADD TO TOWN OF ST CLOUD PB B PGS 61-62 LOT 404
Exterior Features
Lot Size:
44867
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Driveway, Garage Door Opener, Guest, Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
5
Heating:
Central
Cooling:
Central Air
Appliances:
Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Furnished:
No
Floor:
Ceramic Tile
Levels:
Two
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
2021
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Garden, Lighting, Private Mailbox, Storage
Additional Features 2:
N/A
Map
  • Address
    3211 LAKESHORE BLVD
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