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202 4th AVE NE Elgin, ND 58533
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Key Details
Sold Price $155,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,582 sqft
Price per Sqft $23
Subdivision Elgin Original
MLS Listing ID 4006098
Sold Date 03/31/23
Style Apartment Style,Two-Story
Bedrooms 14
Full Baths 8
HOA Y/N No
Year Built 1978
Annual Tax Amount $2,926
Lot Size 0.373 Acres
Acres 0.37
Lot Dimensions 125 x 130
Property Sub-Type Multi Family
Property Description
This is 8 unit apartment building is a great an investment opportunity. 6 2 bedroom apartments of approximately 735 sq ft each and 2 one-bedroom apartments of 617 sq ft each. There is off street parking for the tenants with vehicle plug-ins. Each apartment has a range, refrigerator and wall air conditioner. Electric heat with separate meters for each apartment. Tenants pay their own electric bills. The owners pay for the common areas, water, hot water and sewer for the facility. There are 2 coin operated laundries and a tornado shelter in the common area. There are 4 garage stalls for tenant use on a first come, first served basis. The apartments are currently all leased,. $400 per month for the one bedroom units, $440 per month for the 2 bedroom units. Garage rent is $30 per month. The property is well maintained and updated. Tenants are month to month, with a one month security deposit. It is one block from the hospital and is utilized by the staff. Financial information available uopn request.
Location
State ND
County Grant
Community Elgin Original
Area Outlying Towns
Direction From Highway 49, go west on 6th Ave. to 4th St. Turn South on 2nd St to 4th Ave. Property is on the corner of 4th and 2nd. Sign on property.
Rooms
Other Rooms Shed(s)
Basement None
Interior
Interior Features Window Treatments
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Carpet, Concrete, Linoleum
Fireplace No
Exterior
Exterior Feature Storage, Rain Gutters
Parking Features Detached, Paved, Parking Lot, Additional Parking
Garage Spaces 4.0
Fence None
Utilities Available Sewer Connected, Phone Available, Natural Gas Not Available, Water Connected, Trash Pickup - Public, Cable Available, Electricity Connected, Fiber Optic Available
Roof Type Shingle
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Lot Description Sloped, Corner Lot, Lot - Owned, Rectangular Lot
Story Two
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Apartment Style, Two-Story
Structure Type Steel Siding
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
Others
HOA Fee Include None
Tax ID 61037400
Acceptable Financing Cash
Listing Terms Cash
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