Minot, ND 58701-5759,1431 1st St SE
$159,000
Est. payment /mo
Est.Price: ?

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5 Beds
3 Baths
2,541 SqFt
SOLD DATE : 05/19/2020

Key Details

Sold Price $159,000

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,541 sqft

Price per Sqft $62

MLS Listing ID 200552

Style 2

Bedrooms 5

Year Built 1952

Tax Year 2019

Lot Size 8,276 Sqft

Property Sub-Type Single Family

Property Description

THIS MAKES "DOLLARS" AND "SENSE"!! If you're looking to build wealth through real estate and also reduce or eliminate your housing expense, here is a place to start. This well maintained property, in a nice residential neighborhood in south Minot, offers the opportunity to live in one unit and rent the other two units to pay your mortgage. Take advantage of the benefits of owner occupied financing that includes a minimum down payment and the ability to lock-in to today's crazy low interest rates. When the time comes for a bigger house, you'll have a triplex in your real estate portfolio with an unbeatable financing package in place. When you look back on this financial move, it will put a smile on your face :-) MAIN FLOOR: The main floor unit includes 2 bedrooms, bathroom, living room, kitchen/dining with authentic hardwood floors and kitchen appliances. UPSTAIRS: The upstairs unit includes 2 bedrooms, bathroom, living room, and kitchen/dining. Kitchen appliances are included and as an added bonus this unit is equipped with its very own washer & dryer. BASEMENT: The basement unit includes 1 bedroom, bathroom and a large open kitchen/dining area. The basement and main floor units share the washer and dryer that are located in the lower level. GARAGE: The 20x22 detached garage features auto openers and can be assigned to whichever unit or units the owner wishes. YARD: The property is nicely landscaped and includes ornamental shrubs/perennials, a big backyard with some perimeter fencing, and a garden plot. UPDATES: Many improvements have been made to the property over the past several years including siding & windows, concrete, shingles, gable roof on the garage, electric breaker panel, appliances, etc. RENT RECEIVABLE: $1,710 monthly. The owners have done an excellent job of maintaining the property and addressing any issues that arise in a timely manner making this property a rock solid investment.

Location

State ND

County Ward

Area Se

Zoning R1G

Rooms

Kitchen Main/Upstairs/Basement

Interior

Heating Forced Air, Natural Gas, Electric

Cooling No

Laundry Basement and Upstairs

Exterior

Exterior Feature Fence, Deck

Parking Features Opener, Lights

Garage Spaces 2.0

Building

Foundation Concrete

Sewer City

Water City

Schools

School District Minot #1

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Listed by BROKERS 12, INC.

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DelRae Zimmerman

DelRae Zimmerman

+1(701) 833-1375

Broker Associate | License ID: 7065

Broker Associate License ID: 7065

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