414 3RD Avenue S, Grand Forks, ND 58201 (MLS# 22-1445)


$214,900
414 3RD Avenue S
Grand Forks, ND 58201
MLS# 22-1445
Status: Closed
4 beds  |  3 baths  |  2736 sqft


414 3rd Ave S
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Property Description
Investment opportunity alert! This triplex is a solid choice with a great rental history and all the essential updates already taken care of. The three units consist of a 2-bedroom/1-bathroom upper-level unit ($655), a 1-bedroom/1-bathroom main level unit with a garage ($750), and a studio apartment in the basement ($555). New Shingles installed December 2023.

Details
Maps
Documents
General Property Information
Realtor.COM Type: Multi-Family
Below Ground SQFT: 912
Lot Size Dimensions: Irregular
Above Ground SQFT: 1824
Total Bedrooms: 4
Garage Type: Attached
Garage Stalls: 1
Garage Remarks: extra parking slab
Waterfront: No
Total SqFt.: 2736
Total Bathrooms: 3
Year Built: 1908
Location, Tax and Legal Information
Tax Year: 2022
Pend+Proposed Spec: 0
Taxes: 2550.99
Flood Plain: Contact Lender
Parcel Number: 44300400091000
Specials Amount: 17.23
Total Tax & Specials: 2568.22
Specials Unpaid: 0
Legal: Traills addn Rear 43.8' of Lot 12 B10
Levels
Two: 1
Income
Gross Scheduled Income: 1810
# Units: 3
Heating
Electric Baseboard: 1
Expenses
Tax and Specials Exp Information: 2398.83
Schools
Grade Schools: Phoenix
Contract Information
Status: Closed
List Price: $214,900
Current Price: $214,900
Location Tax and Legal Information
Area: S Grand Forks
House Number: 414
Street Name: 3RD
Street Suffix: Avenue
Street Direction Sfx: S
State/Province: ND
Country: USA
Postal Code: 58201
County: Grand Forks
Zoning: A-1 Limited Development
Confidential Information
Begin Date: 2022-08-15
Under Contract Date: 2024-02-14
Sold Date: 2024-03-15
Property Features
Levels: Two
Heating: Electric Baseboard
Supplements
Practical amenities include coin-operated laundry on-site and ample parking with three off-street spots and a single-stall garage. Recent improvements like vinyl siding, updated windows, new soffit/fascia/gutters in 2020, a new sump pump in 2020, and a fully renovated basement studio apartment in the same year ensure worry-free ownership. Showings require a 24-hour notice. Tenants are responsible for heat and electricity and handle their own A/C units. The owner covers water, sewer, and garbage. This is a practical, income-generating property worth considering!

Listing Office: Oxford Realty

Last Updated: August - 29 - 2024

Information deemed reliable but not guaranteed.


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