622/624 3RD Avenue NW, East Grand Forks, MN 56721

$299,700

622/624 3RD Avenue NW
East Grand Forks, MN 56721
MLS# 24-1725
Status: Closed
6 beds | 4 baths | 3016 sqft

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Property Description
This charming four-plex apartment complex presents a fantastic investment opportunity, It's recent repairs enhance its appeal and functionality. It has a new roof, newer windows, and a fully remodeled unit! With its strategic location and the benefit of all of the units currently being rented out, it offers the potential for significant rental income and long term growth!

Details

Maps

General Property Information

Realtor.COM Type: Multi-Family

Below Ground SQFT: 0

Lot Size Dimensions: 140x37.50

Above Ground SQFT: 3016

Total Bedrooms: 6

Garage Type: Detached

Garage Stalls: 2

Lot SqFt: 5250

Waterfront: No

Property Subtype: Multi Family

Total SqFt.: 3016

Total Bathrooms: 4

Year Built: 1975

Location, Tax and Legal Information

Tax Year: 2023

Pend+Proposed Spec: 0

Taxes: 4536

Flood Plain: Contact Lender

Parcel Number: 830106600

Specials Amount: 0

Total Tax & Specials: 4536

Specials Unpaid: 0

Legal: LOT 1 & N2 OF SUBDIVISION NAME BUDGES 4TH ADD LOT 002 BLOCK 005 SUBDIVISION CD 83019

Levels

Two: 1

Income

Gross Scheduled Income: 4402

# Units: 4

Vacancy Percent: 0%

Expenses

Tax and Specials Exp Information: 382.33

Insurance Expense Add'l Info: 306.67

Showing Instructions

Showing Service: Broker Bay

Contract Information

Status: Closed

List Price: $299,700

Current Price: $299,700

Location Tax and Legal Information

Area: E Grand Forks

House Number: 622/624

Street Name: 3RD

Street Suffix: Avenue

Street Direction Sfx: NW

State/Province: MN

Country: USA

Postal Code: 56721

County: Polk

Zoning: A-1 Limited Development

Confidential Information

Begin Date: 2024-10-08

Under Contract Date: 2025-06-26

Sold Date: 2025-07-29

Property Features

Levels: Two

Listing Office: RE/MAX Grand

Last Updated: August - 06 - 2025

Information deemed reliable but not guaranteed.

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