1516 6TH Street N, Grand Forks, ND 58203 (MLS# 22-1834)

1516 6TH Street N, Grand Forks, ND 58203

$499,000

Property Type: MultiFamily Bedrooms: 8 Baths: 8 Square Footage: 4,160 Status: Closed

Current Price: $499,000 List Date: 10/10/2022 Last Modified: 8/29/2024

Overview

Description

8-plex apartment for sale near Riverside neighborhood. 100% occupancy. Each unit is 1BD/1BA. Concrete parking lot, new shingles, excellent rental history. Gross rents are $52,500. Owner expenses are $13,468.15 annually. 24-hour notice required for showings.

Listing Details MLS# 22-1834

General Property Information

Property Subtype: Multi Family
Realtor.COM Type: Multi-Family
Total SqFt.: 4160
Above Ground SQFT: 4160
Total Bedrooms: 8
Total Bathrooms: 8
Garage Type: None
Year Built: 1972
Lot Size Dimensions: 100'x140'
Waterfront: No
Below Ground SQFT: 0
Garage Stalls: 0

Property Features

Levels: One

Location Tax and Legal Information

Area: N Grand Forks
House Number: 1516
Street Name: 6TH
Street Suffix: Street
Street Direction Sfx: N
State/Province: ND
Country: USA
Postal Code: 58203
County: Grand Forks
Zoning: A-1 Limited Development

Confidential Information

Begin Date: 2022-10-07
Under Contract Date: 2022-10-28
Sold Date: 2023-01-13

Income

Gross Scheduled Income: 52500
# Units: 8
Vacancy Percent: No

More Information

Expenses

Tax and Specials Exp Information: 5262.15

Schools

Grade Schools: Wilder
Middle Schools: Valley
High Schools: Central

Location, Tax and Legal Information

Tax Year: 2021
Taxes: 5001.51
Flood Plain: No
Specials Amount: 49.36
Total Tax & Specials: 5262.15
Specials Unpaid: 83.54
Legal: SKIDMORE'S ADDITION 1516 N 6TH ST LOTS 4 & 6 BLK 13

Levels

One: Yes

Listing Office: Dakota Commercial

Last Updated: August - 29 - 2024

Information deemed reliable but not guaranteed.