217 Chestnut St
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217 Chestnut St
8 Unit Apartment Building $1,345,000 ($168,125/Unit) 9.24% Cap Rate Grand Forks, ND 58201
Investment Highlights
- Tuckpoint repairs where needed on exterior brick
- Central air added in all units
- New deck system
- Landscape in front of deck area
Executive Summary
8 Unit Multi-Family Apartment for Sale!
Unit Mix and Description
Unit 217 - 3 Bed/1.5 Bath - 1,500 SF - $1,330 per month
Unit 219 - 3 Bed/1.5 Bath - 1,810 SF - $1,230 per month
Unit 221 - 3 Bed/1 Bath - 1,390 SF - $1,095 per month
Unit 223 - 3 Bed/1 Bath -1,890 SF - $1,395 per month
Unit 322 - 3 Bed/ 1.5 Bath - 1,560 SF - $1,295 per month
Unit 320 - 3 Bed/1 Bath - 1,560 SF - $1,295 per month
Unit 318 - 3 bed/1.5 Bath - 1,890 SF - $1,230 per month
Unit 316 - 3 Bed/1 Bath - 1,540 SF - $1,295
Unit Mix and Description
Unit 217 - 3 Bed/1.5 Bath - 1,500 SF - $1,330 per month
Unit 219 - 3 Bed/1.5 Bath - 1,810 SF - $1,230 per month
Unit 221 - 3 Bed/1 Bath - 1,390 SF - $1,095 per month
Unit 223 - 3 Bed/1 Bath -1,890 SF - $1,395 per month
Unit 322 - 3 Bed/ 1.5 Bath - 1,560 SF - $1,295 per month
Unit 320 - 3 Bed/1 Bath - 1,560 SF - $1,295 per month
Unit 318 - 3 bed/1.5 Bath - 1,890 SF - $1,230 per month
Unit 316 - 3 Bed/1 Bath - 1,540 SF - $1,295
Property Facts
Price | $1,345,000 | Building Class | C |
Price Per Unit | $168,125 | Lot Size | 0.32 AC |
Sale Type | Investment | Building Size | 16,608 SF |
Cap Rate | 9.24% | Average Occupancy | 100% |
No. Units | 8 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1903 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Low Rise |
Price | $1,345,000 |
Price Per Unit | $168,125 |
Sale Type | Investment |
Cap Rate | 9.24% |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.32 AC |
Building Size | 16,608 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1903 |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Deck
1 of 1
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
Parcel Number | 44300400074000 | Improvements Assessment | $280,000 |
Land Assessment | $35,000 | Total Assessment | $315,000 |
PROPERTY TAXES
Parcel Number
44300400074000
Land Assessment
$35,000
Improvements Assessment
$280,000
Total Assessment
$315,000
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217 Chestnut St
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