202 & 206 10th Avenue SE Crosby, ND 58730
202 & 206 10th Avenue SE Crosby, ND 58730Overview
- Price per sqft: $55.10
- Date added: Added 2 weeks ago
- Status: Active
- Lot size: 36942 sq ft
- Year built: 2014
- Source: Great North MLS #: 4003795
Description
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Description:
ATTENTION INVESTORS!! 8 PLEX ON LAND (2) 4plex buildings IN THE MIDST OF THE NORTH DAKOTA OIL INDUSTRY. $72,000 annual gross rents!
Show all description
Cash on Cash ROI= 9.20%
Purchase CAP= 9.24%
Located in the Bakken Oil Field. Great rental history and retirement income opportunity. 2 identical four-unit apartment buildings located next to each other in Crosby, ND. Just down the street from the High School and 1 block away from The Community Recreation Center(Hockey Arena) and the Bypass Bar & Grill!! All 8 Units are very desirable! Identical 3 bedroom, 2 full bath w/ 1,200 sq.ft. per unit. Buildings offer a full parking lot and much off street parking.
Low Maintenance and built in 2014. Buildings are set up as a Duplex Style where each unit only shares a hallway/common area w/ 1 other Tenant. Washer/Dryer in each unit (8 stackables total) Don't Wait!! Call your Favorite Realtor for a Showing Today!
Contract Information
- Current Price: $529,000
- List Price/SqFt: 55.1
General Property Information
- Property Sub Type: Multi Family
- Lot SqFt: 36,942
- Lot Acres: 0.848
- Lot Dimensions: 262'x141'
- Year Built: 2014
- Finished Above Grade SqFt: 9,600
- Total Finished SqFt: 9,600
- Basement: Crawl Space, Full
- Garage: No
- Other Parking Spaces: 10
- Cooling Features: Wall/Window Unit(s)
- Heating Features: Baseboard, Electric
- Architectural Style: Apartment Style
- Levels: Two
- Construction Materials: Vinyl Siding
- Foundation: Concrete Perimeter, Permanent
- Possession: Close Of Escrow, Subject To Tenant Rights
- Lot Features: Corner Lot, Level, Lot - Owned, Rectangular Lot
- Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected, Trash Pickup - Public
- Parking Features: Off Street, On Site, On Street, Parking Lot
- Water Source: Public
- Sewer: Public Sewer
- Road Frontage Type: City Street, Paved Road
- Road Surface Type: Paved
- Business Type: Other
- Building Info: Drapes/Blinds Included
Legal Tax and Other Information
- Taxes: 5,280.14
- Tax Year: 2024
- Specials Installment: NOR
- Specials Balance: NOR
- Pending Specials: NO
- Zoning: Commercial
- Parcel ID: 34-0000-78130-005 & 34-0000-78130-004
- Legal Description: Lot 4A & 5A, Blk 3 Grow Crosby Addition to the city of Crosby
Remarks
- Directions: Located on the SE side of Crosby, just a block from The Bypass Bar & Grill and across the street from the Crosby Community Center(Hockey Arena). Located on the corner of 10th Avenue SE and 2nd Street SE
- Public Remarks: ATTENTION INVESTORS!! 8 PLEX ON LAND (2) 4plex buildings IN THE MIDST OF THE NORTH DAKOTA OIL INDUSTRY. $72,000 annual gross rents! Cash on Cash ROI= 9.20% Purchase CAP= 9.24% Located in the Bakken Oil Field. Great rental history and retirement income opportunity. 2 identical four-unit apartment buildings located next to each other in Crosby, ND. Just down the street from the High School and 1 block away from The Community Recreation Center(Hockey Arena) and the Bypass Bar & Grill!! All 8 Units are very desirable! Identical 3 bedroom, 2 full bath w/ 1,200 sq.ft. per unit. Buildings offer a full parking lot and much off street parking. Low Maintenance and built in 2014. Buildings are set up as a Duplex Style where each unit only shares a hallway/common area w/ 1 other Tenant. Washer/Dryer in each unit (8 stackables total) Don't Wait!! Call your Favorite Realtor for a Showing Today!
Listing Terms
- Listing Terms: Cash, Conventional, No Seller Finance