300 Main St 4 Unit Apartment Building $80,000 ($20,000/Unit) Sherwood, ND 58782
INVESTMENT HIGHLIGHTS
- Affordable living
- Fully occupied
- Quaint small town
EXECUTIVE SUMMARY
Welcome to quaint Sherwood, North Dakota where living is affordable, life is easy and everyone knows your name! And this fully occupied four-unit apartment building is no exception! This property boasts one main house with three bedrooms, two bathrooms, in-unit laundry, and a single stall garage. The three smaller units feature one bedroom, one bathroom, and shared coin laundry. No matter if you are ready to kick off your investment portfolio, live for free in a house hack, or add another cash flowing door, this is the property for you! Call for more information today
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $80,000 |
| Price Per Unit | $20,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,016 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1932 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 450 |
| 3+2 | 1 | - | - |
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PROPERTY TAXES
| Parcel Number | 26-0001-05846-000 | Total Assessment | $32,250 (2024) |
| Land Assessment | $1,090 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $31,160 (2024) | Tax Year | 2023 |
