217 CHESTNUT Street, Grand Forks, ND 58201

$1,345,000

217 CHESTNUT Street
Grand Forks, ND 58201
MLS# 25-611
24 beds | 8.5 baths | 16608 sqft

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Property Description
Increased rental income for 2025! Two remodeled garages will begin producing income this year. Rents have also increased across all 8 units providing additional revenue. Apartment building for sale. 8, 3-bedroom and a combination of 1ba and 1.5ba. Well-maintained, good rental history. Need 24hr notice for showings.

Details

Maps

General Property Information

Realtor.COM Type: Multi-Family

Below Ground SQFT: 5536

Lot Size Dimensions: 140'x100

Above Ground SQFT: 11072

Total Bedrooms: 24

Garage Type: Detached

Garage Stalls: 4

Garage Remarks: used by owner

Waterfront: No

Property Subtype: Multi Family

Total SqFt.: 16608

Total Bathrooms: 8.5

Location, Tax and Legal Information

Tax Year: 2024

Pend+Proposed Spec: 0

Taxes: 11955.6

Flood Plain: No

Specials Amount: 30.46

Total Tax & Specials: 11,986.09

Specials Unpaid: 58.87

Legal: LOT:10,12 BLK:9 Subdivision: TRAILL'S ADDITION 217 CHESTNUT ST LOTS 10 & 12 B09

Miscellaneous

Laundry: In Unit

Levels

Split Level: 1

Multi-Level: 1

Income

Total Income: 136920

Garages Income: 5400

Scheduled Rent: 131,520

# Units: 8

Heating

Gas Hot Water: 1

Inclusions

# Air Conditioners: 8

# Dishwashers: 8

# Dryers: 8

# Ranges: 8

# Refrigerators: 8

# Washers: 8

Expenses

Tax and Specials Exp Information: 11,388.31

Electricity Expense Add'l Info: 353.09

Insurance Expense Add'l Info: 8325

Maintenance Expense Add'l Info: 2400

Management Expense Add'l Info: 8215

Water/Sewer Expense Add'l Info: 4926

Total Expenses Add'l Info: 43822

Showing Instructions

Showing Service: None

Contract Information

Status: Active

List Price: $1,345,000

Current Price: $1,345,000

Location Tax and Legal Information

Area: S Grand Forks

House Number: 217

Street Name: CHESTNUT

Street Suffix: Street

State/Province: ND

Country: USA

Postal Code: 58201

County: Grand Forks

Zoning: R-2 One & Two Family

Confidential Information

Begin Date: 2025-05-06

Property Features

Levels: Split Level; Multi-Level

Heating: Gas Hot Water

Listing Office: Dakota Commercial

Last Updated: August - 14 - 2025

Information deemed reliable but not guaranteed.

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