505 22nd Ave Nw, Minot, ND 58703

$325,000
18
BD
12
BA
List Price
$325,000
Status
ACTIVE
MLS#
181923
Bedrooms
18
Bathrooms
12
Year Built
1955

Property Description

Great investment opportunity! 6-2 bedroom units renting for $425.00 to $500.00 per month. 6-1 bedroom units renting for $350.00-$395.00 per month. This amount is very low, could be increased in my opinion. The 6 garages rent for $50.00 per month. Projected rent income for 2017 was $63,000, actual rent income was $41,063. Property is managed by First Minot Management. New pavement was just laid down and property is neat and clean and is a good money maker. Don't miss out on this property.

Additional Information

Area
Nw
Taxes
$4,583
Garage Spaces
6
Garage Description
Sheet Rock, Work Shop, Opener, Lights
Exterior Features
Shed
Heating
Forced Air, Natural Gas
Water
City
Sewer
City
School District
Lewis & Clark

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER 1ST MINOT.