16 2ND Street SW, Hillsboro, ND 58045 (MLS# 22-346)

16 2ND Street SW, Hillsboro, ND 58045

$485,000

Property Type: MultiFamily Bedrooms: 20 Baths: 15 Square Footage: 12,627 Lot Size (sq. ft.): 15,000 Status: Closed

Current Price: $485,000 List Date: 3/18/2022 Last Modified: 8/29/2024

Overview

Description

Great investment opportunity in Hillsboro! This property features 15 units, comprised of 3 efficiency units, 4 1-bed/1bath units, and 8 2-bed/1 bath units. There are 8 garage stalls on site, which are allocated to the two-bedroom units. Property is fully rented. Call today for more info!

Listing Details MLS# 22-346

General Property Information

Property Subtype: Multi Family
Realtor.COM Type: Multi-Family
Total SqFt.: 12627
Below Ground SQFT: 4209
Above Ground SQFT: 8418
Total Bedrooms: 20
Total Bathrooms: 15
Garage Type: Detached
Garage Stalls: 8
Garage Remarks: Detached
Year Built: 1973
Lot Size Dimensions: 100x150
Lot SqFt: 15000
Waterfront: No

Property Features

Levels: Two and One Half Heating: Electric Baseboard

Location Tax and Legal Information

Area: Small Town ND
House Number: 16
Street Name: 2ND
Street Suffix: Street
Street Direction Sfx: SW
State/Province: ND
Country: USA
Postal Code: 58045
County: Traill
Zoning: A-1 Limited Development

Confidential Information

Begin Date: 2022-03-18
Under Contract Date: 2022-03-24
Sold Date: 2022-04-29

Income

Gross Income: 84248
Laundry Income: 2000
Gross Scheduled Income: 82248
# Units: 15

More Information

Expenses

Tax and Specials Exp Information: 7166.39
Heat Expense Add'l Info: Tenant
Water/Sewer Expense Add'l Info: Owner

Inclusions

# Air Conditioners: 12
# Dryers: 3
# Ranges: 15
# Refrigerators: 15
# Washers: 3

Miscellaneous

Laundry: Lower Level
P/L at Office: CA Required

Location, Tax and Legal Information

Tax Year: 2021
Taxes: 5861.75
Flood Plain: No
Parcel Number: 260000206134000
Specials Amount: 1254.64
Total Tax & Specials: 7116.39
Specials Unpaid: 1564.98
Legal: Lots 16, 17, 18, & 19. Blk 27, Original Townsite

Agent/Agency Information

Extra Agency Info: 5

Levels

Two and One Half: Yes

Heating

Electric Baseboard: Yes

Listing Office: Crary Real Estate

Last Updated: August - 29 - 2024

Information deemed reliable but not guaranteed.