314 4th Street

Riverdale, ND 58565 / Orginial Townsite

MLS ID# 4010840 Active
Multi Family

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$649,000

8 beds

8 baths

8 Garage

3696 sqft

0.29 acres

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• Description
• Contract Information
• Legal, Tax and Other Information
• General Property Information
• Details
• Virtual Tour 1

Description

Own your own oasis income property in charming Riverdale, just minutes from Lake Sakakawea. This established hotel business has 8 units, each with inviting kitchenettes adjacent to a spacious sleeping space and private bathrooms. Four of the units are open floor plan/studio and four are one bedroom floor plan. All have been beautifully maintained and updated with newer appliances, new windows and doors, fresh paint, flooring and detailed upgrades. Light, neutral colors make each of these units inviting and comfortable. The accommodations are perfect for short or long stays making it ideal for a hotel, air b & b or long term rentals. Each unit also has garage space! The lower level offers 8 washer/dryer hookups, 4 current laundry sets, and so much room to expand or use as storage. Prime location to Lake Sakakawea adds to the great opportunity this property provides. For fisherman and hunters, this is a true oasis all year round. An ideal location for recreation, agriculture, and situated in the center of the state's energy industry. A perfect portfolio that cashflows from the start, with high online ratings, fully furnished, repeat customers, and an established office, plus reception area. If you are looking for an established investment property with so much potential to enjoy the great ND outdoors, this is it! Own your own oasis income property in charming Riverdale, just minutes from Lake Sakakawea. This established hotel business has 8 units, each with inviting kitchenettes adjacent to a spacious sleeping space and private bathrooms. Four of the units a... show more

Contract Information

• Buyer Agent Broker Commission 3%

Legal, Tax and Other Information

• Taxes 1624.17
• Tax Year 2022
• Specials Installment 0
• Specials Balance 0
• Pending Specials No
• Zoning Urban/Commercial
• Parcel ID 83-0001-00924-000
• Legal Description Lot:9 BLK:16 Original Townsite

General Property Information

• Property Sub Type Multi Family
• Lot SqFt 12763
• Lot Acres 0.293
• Lot Dimensions 115X93X117
• Year Built 1951
• Bedrooms Total 8
• Total 1/4 Baths 0
• Total Half Baths 0
• Total 3/4 Baths 8
• Total Full Baths 0
• Total Baths 8
• Main Finished SqFt 1848
• Upper Finished SqFt 1848
• Lower Finished SqFt 0
• Basement Finished SqFt 0
• Finished Above Grade SqFt 3696
• Finished Below Grade SqFt 0
• Total Finished SqFt 3696
• Garage Yes
• Garage Spaces 8
• Garage SqFt 1920
• Fireplace No
• Accessibility Features No
• Association No

Details

• Unfinished SqFt

  Lower Unfinished SqFt:1848

• Basement

  Concrete, Partially Finished, Storage Space

• Roof

  Shingle

• Architectural Style

  Apartment Style

• Levels

  Two

• Flooring

  Laminate, Wood

• Heating

  Baseboard, Hot Water

• Cooling

  Wall/Window Unit(s)

• Construction Materials

  Masonite

• Appliances

  Cooktop, Dryer, Microwave, Range, Refrigerator, Washer

• Interior Features

  Ceiling Fan(s), Smoke Detector(s), TV Mounts and Hardware

• Exterior Features

  Other

• Patio And Porch Features

  # of Decks:0, # of Patios:0

• Lot Features

  Corner Lot, Lot - Owned

• Utilities

  Electricity Connected, Sewer Connected, Water Connected

• Parking Features

  Garage Dimensions:24' x 80', Additional Parking, Detached

• Water Source

  Public

• Sewer

  Public Sewer

• Road Frontage Type

  City Street