$1,345,000
Grand Forks, ND 58201
MLS# 25-611
24 beds | 8.5 baths | 16608 sqft
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Property Description
Increased rental income for 2025! Two remodeled garages will begin producing income this year. Rents have also increased across all 8 units providing additional revenue. Apartment building for sale. 8, 3-bedroom and a combination of 1ba and 1.5ba. Well-maintained, good rental history. Need 24hr notice for showings.
Details
Maps
Contract Information
Status: Active
List Price: $1,345,000
Current Price: $1,345,000
General Property Information
Property Subtype: Multi Family
Realtor.COM Type: Multi-Family
Total SqFt.: 16608
Below Ground SQFT: 5536
Above Ground SQFT: 11072
Total Bedrooms: 24
Total Bathrooms: 8.5
Garage Type: Detached
Garage Stalls: 4
Garage Remarks: used by owner
Style: Multi-Level
Lot Size Dimensions: 140'x100
Waterfront: No
Location Tax and Legal Information
Area: S Grand Forks
House Number: 217
Street Name: CHESTNUT
Street Suffix: Street
State/Province: ND
Country: USA
Postal Code: 58201
County: Grand Forks
Zoning: R-2 One & Two Family
Confidential Information
Begin Date: 2025-05-06
Income
Total Income: 136920
Garages Income: 5400
Scheduled Rent: 131,520
# Units: 8
Expenses
Electricity: 353.09
Insurance: 8325
Water/Sewer: 4926
Maintenance: 2400
Management: 8215
Total Expenses: 43822
Tax and Specials Exp: 11,388.31
Inclusions
# Air Conditioners: 8
# Dishwashers: 8
# Dryers: 8
# Ranges: 8
# Refrigerators: 8
# Washers: 8
Miscellaneous
Laundry: In Unit
Showing Instructions
Showing Service: None
Property Features
Listing Office: Dakota Commercial
Last Updated: May - 06 - 2025
Information deemed reliable but not guaranteed.