201 2nd Street E

Regent, ND 58650 / 34-2 Milwaukee 1st & 2nd

MLS ID# 4006016 Active
Multi Family

Get directions

$325,000

8 beds

8 baths

5557 sqft

0.64 acres

• Images
• Map

View Larger

 

• Description
• Contract Information
• Legal, Tax and Other Information
• General Property Information
• Details
• Rooms

Description

This is a great investment opportunity. This is a 6 unit apartment building in Regent, ND. 4 1 bedroom apartments, and 2 2 bedroom apartments. There is a common laundry for the tenants, a patio, and a common room for group gatherings. All apartments have a fridge and range, and a designated parking space with outlet for winter plug-in. Tenants pay all utilities, including electric heat. This property is exceptionally well maintained. There is a garden shed for storage. There currently are 5 occupied units. 1 double unit rents for $385 for the caretaker, the other rents for $500, The single bedroom apartments rent for $400 per month. Regent is a nice town at the south end of the Enchanted Highway on the Cannonball River, 35 miles to I94. This is a great investment opportunity. This is a 6 unit apartment building in Regent, ND. 4 1 bedroom apartments, and 2 2 bedroom apartments. There is a common laundry for the tenants, a patio, and a common room for group gatherings. All apartme... show more

Contract Information

• Buyer Agent Broker Commission 3%

Legal, Tax and Other Information

• Taxes 2632
• Tax Year 2021
• Specials Installment 906
• Specials Balance 1746
• Pending Specials No
• Zoning RMD
• Parcel ID 34-0002-06231-000,...06232..,...06233...,...06234.
• Legal Description Subdivision: 34-2 Milwaukee 1st & 2nd, Block 15, Lots 9,10,11,12
• Elementary School Other
• Middle School Other
• High School Other

General Property Information

• Property Sub Type Multi Family
• Lot SqFt 28000
• Lot Acres 0.643
• Lot Dimensions 200X140
• Year Built 1980
• Bedrooms Total 8
• Total 1/4 Baths 1
• Total Half Baths 0
• Total 3/4 Baths 0
• Total Full Baths 7
• Total Baths 8
• Main Finished SqFt 5557
• Upper Finished SqFt 0
• Lower Finished SqFt 0
• Basement Finished SqFt 0
• Finished Above Grade SqFt 5557
• Finished Below Grade SqFt 0
• Total Finished SqFt 5557
• Garage No
• Fireplace No
• Accessibility Features Yes
• Association No

Details

• Basement

  None

• Roof

  Shingle

• Architectural Style

  Apartment Style

• Levels

  One

• Flooring

  Carpet, Tile, Vinyl

• Heating

  Baseboard, Electric

• Cooling

  None

• Construction Materials

  Fiber Cement, Wood Siding

• Rental Income

  Rental Income Unit 1:385, Rental Income Unit 2:500, Rental Income Unit 3:400, Rental Income Unit 4:400

• Appliances

  Range, Refrigerator

• Foundation

  Slab

• Listing Terms

  Cash, Conventional, No Seller Finance

• Possession

  Close Of Escrow, Subject To Tenant Rights

• Exterior Features

  Rain Gutters

• Patio And Porch Features

  # of Decks:0, # of Patios:0

• Lot Features

  Corner Lot, Level, Lot - Owned, Rectangular Lot

• Other Structures

  Shed(s)

• Utilities

  Cable Available, Electricity Connected, Fiber Optic Connected, Phone Available, Sewer Connected, Water Connected, Trash Pickup - Public

• Parking Features

  Additional Parking, Alley Access, Assigned, No Garage, Parking Lot, Paved

• Water Source

  Public

• Sewer

  Public Sewer

• Road Frontage Type

  City Street

• Road Surface Type

  Asphalt

• Association Fee Includes

  None

• Fencing

  None

• Accessibility Features

  Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Washer/Dryer, Central Living Area

Rooms (4)

Recreation Room, Bathroom 1, Laundry, Storage,