121 1ST AVE NE
GOLDEN VALLEY, ND 58541

$415,000

9 Beds

9 Baths

6,960 Sq Ft

Status Active

MLS# 4010916

Well Maintained 9-Plex. 2023 Annualized Gross rents ~$61,000. NOI ~$34,500. Priced well over the 1% Rule. Professionally Managed. Hands-off Investment. Very solid rental market and excellent rental history. This property contains 8 - 1 Bedroom apartments & 1 Large Studio. All Ground Level! 2 Coin operated laundry rooms. 1 for each wing of the building.Building is ALL Electric! Tenants Pay Electric, Landlord pays water, sewer, trash, & basic internet. Professionally Managed, Hands-Off Investment Property!**Member of Selling Entity is Licensed Realtor**

Details for 121 1ST AVE NE

Built in 1979

$60 / Sq Ft

Wall/Window Unit(s)

Baseboard, Electric

170 Days on website

0.517 acres lot

Interior

Appliances

Dryer, Exhaust Fan, Oven, Range, Range Hood, Refrigerator, Washer

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Carpet, Laminate, Linoleum

Interior Features

High Speed Internet, Main Floor Bedroom, Main Floor Laundry, Security System, See Remarks, Smoke Detector(s), Soaking Tub

Living Area

6,960 SqFt.

Hoa Features

Association Fee Includes

None

Building And Construction

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1979

Exterior And Lot

Exterior Features

Balcony, Other, Private Entrance, Rain Gutters, Satellite Dish, Storage, Uncovered Courtyard

Lot Size Acres

0.517

Lot Size Square Feet

22500

Parking Features

Additional Parking, Asphalt, Driveway, Guest, Lighted, Off Street, On Street, Outside, Parking Lot, Paved, Private, Rv Access/Parking

Zoning

COM

Utilities

Cooling

Wall/Window Unit(s)

Heating

Baseboard, Electric

Area And Schools

City

Golden Valley

County Or Parish

Mercer

Elementary School

Other

High School

Other

Middle Or Junior School

Other

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$2,233.00

Details for 121 1ST AVE NE

Interior

Hoa Features

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 121 1ST AVE NE