Elgin, ND 58533,500 Frontage Road
Elgin, ND 58533,500 Frontage Road
Elgin, ND 58533,500 Frontage Road
27
$580,000
$580,000
Est.Price: ?

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15,888 SqFt

500 Frontage Road Elgin, ND 58533

Est. payment /mo
SOLD DATE : 08/29/2024

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Key Details

Sold Price $580,000

Property Type Commercial

Sub Type Commercial/Investment

Listing Status Sold

Purchase Type For Sale

Square Footage 15,888 sqft

Price per Sqft $36

MLS Listing ID 23-1214

Sold Date 08/29/24

Year Built 1977

Annual Tax Amount $5,187

Tax Year 2022

Lot Size 1.980 Acres

Acres 1.98

Lot Dimensions 294 x 294

Property Sub-Type Commercial/Investment

Property Description

This 16 unit apartment complex has 8 fully furnished 1 bedroom, 1 bathroom apartments and 8 2 bedroom, 2 bathroom apartments. Each apartment has it's own washer and dryer and an outside outlet. The single apartments are move in ready, complete with dishes, silverware, towels and linens. They are all air conditioned. The owner furnishes the appliances for some of the 2 bedroom apartments. They furnish their own AC. Rent is $500 per month for the singles and doubles where the tenant furnishes the appliances, and $550 if the owner has the appliances. There is electric heat. Tenants pay for electricity. The owner pays for water, sewer, and garbage. There is off street and on street parking. There is a large courtyard with a storm shelter. Each apartment has access to additional storage.

Location

State ND

County Grant

Area New Leipzig

Zoning Res Low Density

Rooms

Basement None

Interior

Hot Water 16 electric

Heating Electric Baseboard

Cooling Wall

Heat Source Electric Baseboard

Building

Sewer city

Water City

Others

Acceptable Financing Cash at closing

Listing Terms Cash at closing

Read Less


Listed by Century 21 Morrison Realty
Bought with Non-Member Office

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Caitlin & Cotie ,

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