407 2nd Avenue Northwest

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Address: 407 2nd Avenue Northwest, Mandan, North Dakota, US
Created date: May 16, 2024
Date last updated: May 16, 2024
  • 4-Unit Apartment Building
  • Fully Rented
  • All Units - 2 Bed 1 Bath
  • 2 Units - $750/month
  • 2 Units - $800/month
  • 2 Units Recent Remodeled
  • 1 Garage Stall Per Apartment
  • 1 Unit Remodeled 6 Years Ago
  • 1 Unit Remodeled 10 Years Ago
  • Total Income: $37,200/year
  • 2023 Taxes: $4,060.74
  • 2023 Specials Balance: $0

Property Description

This 4-unit apartment building boasts a 100% occupancy rate, generating a total annual revenue of $37,200. Each unit features 2 bedrooms, 1 bathroom, and a garage stall, providing comfortable and convenient living for tenants. With recent remodels and a favorable location, this property presents a solid prospect for multifamily investors. The property's strong rental history, along with manageable 2023 taxes and zero specials balance, makes it an attractive addition to any investment portfolio.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $339,900
No. of Units: 1
Opportunity Zone: No
Price per unit: $339,900
Property Website Click Here
Address: 407 2nd Avenue Northwest, Mandan, ND 58554, USA
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