MLS# 6783767
314 County Road 8 Rockville, MN 56369
Central MN Realty LLC is the brokerage office representing the seller for this listing.
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{"Id":1405260,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST6783767","MLSAGENTID":"NST505501414","MLSOFFICEID":"NST21424","ADDRESS":"314 County Road 8","ACRES":1.3,"AGENTOWNER":true,"AUCTIONYN":false,"CITY":"Rockville","CONTINGENCY":"None","COUNTY":"Stearns","CURRENTUSE":"Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Brick/Stone,Wood Siding","FORECLOSURE":"No","LASTPRICE":1075000.0,"LASTPRICEDATE":"2025-10-06T15:57:03.95","LATITUDE":45.468863,"LENDEROWNED":"No","LISTDATE":"2025-09-06T05:00:00","LISTPRICE":999900.0,"LIVINGAREA":14976.0,"LONGITUDE":-94.348579,"LOTDESCRIPTION":"Corner Lot,Some Trees","MODIFICATIONTIMESTAMP":"2025-10-06T15:57:03.951","OFFICE_OFFICENAME":"Central MN Realty LLC","PHOTOCOUNT":28,"POSTALCODE":"56369","POTENTIALSHORTSALE":"No","PUBLICREMARKS":"16 Unit Apartment Building Generating roughly $150,000 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. 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. Professionally managed by Jamkee Properties. Annual expenses Include: Insurance $9,365, Taxes $13,792, Snow/Lawn care $7,000, Garbage $6,500\nWater/Sewer $12,000, Electric $3,800, Gas $7,500\nManagement at 8% of gross rent $11,000. This is a rare find and opportunity to own a TURN KEY cash flowing apartment building. Unit #3 left vacant for showings and just had a $20,000 remodel.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Asphalt,Pitched","SALEINCLUDES":"Building,Leases","SCHOOLDISTRICTNUMBER":"750-Rocori","SCHOOLDISTRICTPHONE":"320-685-4901","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2025-09-15T05:01:04.197","LASTSTATUS":"Coming Soon","STREETNAME":"County Road 8","STREETNUMBER":"314","STYLE":"Apartment","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1969,"ZONING":"Business/Commercial,Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2025-09-07T02:06:05.242","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"DJI_0867.JPG\"},{\"Order\":2,\"Remarks\":\"DJI_0870.JPG\"},{\"Order\":3,\"Remarks\":\"IMG_7743.JPG\"},{\"Order\":4,\"Remarks\":\"IMG_7747.JPG\"},{\"Order\":5,\"Remarks\":\"IMG_7748.JPG\"},{\"Order\":6,\"Remarks\":\"IMG_7742.JPG\"},{\"Order\":7,\"Remarks\":\"Unit 3\"},{\"Order\":8,\"Remarks\":\"Unit 3 Kitchen\"},{\"Order\":9,\"Remarks\":\"Unit 3 bathroom\"},{\"Order\":10,\"Remarks\":\"Unit 3 living room\"},{\"Order\":11,\"Remarks\":\"Unit 3 Bedroom\"},{\"Order\":12,\"Remarks\":\"IMG_7730.JPG\"},{\"Order\":13,\"Remarks\":\"IMG_7731.JPG\"},{\"Order\":14,\"Remarks\":\"IMG_7729.JPG\"},{\"Order\":15,\"Remarks\":\"IMG_7736.JPG\"},{\"Order\":16,\"Remarks\":\"IMG_7733.JPG\"},{\"Order\":17,\"Remarks\":\"IMG_7734.JPG\"},{\"Order\":18,\"Remarks\":\"IMG_7738.JPG\"},{\"Order\":19,\"Remarks\":\"IMG_7737.JPG\"},{\"Order\":20,\"Remarks\":\"IMG_7727.JPG\"},{\"Order\":21,\"Remarks\":\"IMG_7726.JPG\"},{\"Order\":22,\"Remarks\":\"IMG_7735.JPG\"},{\"Order\":23,\"Remarks\":\"2023 Coin Washer/Dryer\"},{\"Order\":24,\"Remarks\":\"Gas Boiler Owner Pays\"},{\"Order\":25,\"Remarks\":\"Separate Electric Meters Tenants Pay\"},{\"Order\":26,\"Remarks\":\"DJI_0869.JPG\"},{\"Order\":27,\"Remarks\":\"6 garage spaces\"},{\"Order\":28,\"Remarks\":\"Arial Photo.png\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28","SOURCE":"MG_NST"}
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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. Professionally managed by Jamkee Properties. Annual expenses Include: Insurance $9,365, Taxes $13,792, Snow/Lawn care $7,000, Garbage $6,500\nWater/Sewer $12,000, Electric $3,800, Gas $7,500\nManagement at 8% of gross rent $11,000. This is a rare find and opportunity to own a TURN KEY cash flowing apartment building. Unit #3 left vacant for showings and just had a $20,000 remodel.","PublicSurveyRange":"29","PublicSurveySection":"17","PublicSurveyTownship":"123","NST_RentalLicenseYN":"No","RoadResponsibility":"Public Maintained Road","Roof":"Asphalt,Pitched","Inclusions":"Building,Leases","HighSchoolDistrict":"Rocori","NST_SchoolDistrictNumber":"750","NST_SchoolDistrictPhone":"320-685-4901","Sewer":"City Sewer/Connected","BuildingAreaTotal":"14976","StateOrProvince":"MN","StandardStatus":"Active","Levels":"Two","StreetName":"County Road 8","StreetNumber":"314","StreetNumberNumeric":"314","NST_TaxWithAssessments":"13792.0000","TaxYear":"2025","TaxAnnualAmount":"13792","TenantPays":"Cable TV,Electricity","NumberOfUnitsTotal":"16","Utilities":"Heating Common,Hot Water Common","WaterSource":"City 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