Property Description Exceptional Investment Opportunity in Mayville, ND!
Mayville Townhomes - a well-maintained 10-unit townhome complex in a thriving rental market.
This property boasts 100% occupancy, strong tenant retention, and an impressive NOI. Many upgrades, both in-unit and some capital improvements.
Spacious 2 bed townhome offer a bi-level layout, garages, and private entrance.
Details
Maps
Documents
General Property Information
Realtor.COM Type: Multi-Family
Below Ground SQFT: 0
Lot Size Dimensions: 285x186
Above Ground SQFT: 10266
Total Bedrooms: 20
Garage Type: Detached
Garage Stalls: 10
Lot SqFt: 53058
Waterfront: No
Property Subtype: Multi Family
Total SqFt.: 10266
Total Bathrooms: 10
Year Built: 1982
Location, Tax and Legal Information
Tax Year: 2024
Pend+Proposed Spec: 0
Taxes: 7824.49
Flood Plain: Contact Lender
Parcel Number: 27001900006000
Specials Amount: 3,558.50
Total Tax & Specials: 11112
Specials Unpaid: 58187
Legal: LOT 2 BLK 5 REPLAT OF LARSON ADD
Miscellaneous
Laundry: In Unit
Property Disclosure: 1
Levels
Two: 1
Income
Total Income: 77821
Scheduled Rent: 6,788
# Units: 10
Vacancy Percent: 0
Heating
Electric Baseboard: 1
Inclusions
# Air Conditioners: 10
# Dishwashers: 10
# Ranges: 10
# Refrigerators: 10
Expenses
Tax and Specials Exp Information: 7,552.94
Electricity Expense Add'l Info: 135
Insurance Expense Add'l Info: 7327.50
Management Expense Add'l Info: 10,138
Water/Sewer Expense Add'l Info: 1,294
Showing Instructions
Showing Service: None
Contract Information
Status: Closed
List Price: $1,000,000
Current Price: $1,000,000
Location Tax and Legal Information
Area: Small Town ND
House Number: 114-132
Street Name: 8TH
Street Suffix: Avenue
Street Direction Sfx: SE
State/Province: ND
Country: USA
Postal Code: 58257
County: Traill
Zoning: A-1 Limited Development
Confidential Information
Begin Date: 2025-03-14
Under Contract Date: 2025-04-30
Sold Date: 2025-06-09
Property Features
Levels: Two
Miscellaneous: Property Disclosure
Heating: Electric Baseboard
Supplements
Prime Location: Conveniently located near Mayville State University, ensuring consistent income and minimal vacancy.
Invest with confidence: Proven income history, strong local demand, and potential for rent growth make this property an ideal choice for seasoned investors or first-time multifamily buyers.
Best of all...AMPLE space to build, nearly 3/4 of an acre of possibilities.
Contact us today to schedule a private tour and receive full financials.
Sellers Property Disclosure 
