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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 231545
Style 1
Bedrooms 3
Year Built 2011
Tax Year 2022
Property Sub-Type Duplex
Property Description
Introducing an exceptional investment opportunity in the Parshall. This complex comprises four 3-bedroom, 2-bathroom duplex units and two 2-bedroom, 1-bathroom duplex units, offering an incredible 8% cap rate. This property is poised to deliver both financial prosperity and social responsibility. Property Highlights: Spacious Living: Each of the four 3-bedroom, 2-bathroom units offers generous living spaces, perfect for attracting quality tenants. The two 2-bedroom, 1-bathroom units are equally inviting, providing comfortable accommodation options for renters. Investor's Dream: This portfolio boasts a solid history of consistent rental income and favorable tenant retention. The 8% cap rate showcases its impressive income potential, making it an enticing addition to any investment portfolio. Equal Opportunity Housing: Committed to promoting diversity and inclusion, these duplexes meet all equal opportunity housing criteria. You can rest assured that your investment aligns with ethical principles. Prime Location: Conveniently situated in Parshall, these duplexes benefit from proximity to schools, parks, shopping, and Lake Sakakawea, ensuring strong tenant demand. Take advantage of this unique opportunity. Contact me today to schedule a private showing and explore the potential of this exceptional investment gem. Darrin Sand NextHome Legendary Properties 701-240-4000 Darrin@darrinsand.com Note: All property details and financial figures are approximate and should be independently verified by potential buyers.
Location
State ND
County Mountrail
Area Other City
Zoning Two Family Planned Unit
Multi-Unit Info
Total Units 12
Interior
Heating Electric
Cooling Wall
Exterior
Exterior Feature Porch
Parking Features Opener
Garage Spaces 1.0
Building
Foundation Concrete
Sewer City
Water City
Schools
School District Parshall
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DelRae Zimmerman
Broker Associate | License ID: 7065
Broker Associate License ID: 7065