Skip To Content

502 SE Ramstad Ave

Minot, ND 58701
  • $139,900
  • STATUS: Active Under Contract
  • ON SITE: 145 Days
  • MLS #: 230626
Under Contract
$139,900
  • 4
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,432
    SQFT
  • $98
    $/SQFT
Neighborhood:
Se
Type:
Multi-Family
Built:
1940
County:
Area:
Se

School Ratings & Info

School District:

Description

This duplex had renovations in 2022. Currently the City is repairing damaged hillside due to plugged drainage system. The lower level unit is receiving carpet replacement and a new storm door and will be available to rent 1 Jul. Rent has been paid through May, leaving June vacant until all repairs are completed. A great opportunity to purchase as an investment or to live in one and rent out the other unit. Updated bath, flooring, and paint. Each unit has 2 bedrooms and 1 bath. The lower unit has washer/dryer hookups. Each tenant pays for their heat and electric and the owner is responsible for the water/sewer/trash since it is all on one meter. There is an agreement that the Unit A tenant be responsible to lawn maintenance and snow removal. Unit A tenant has the right to use the driveway, but since they have no vehicle, Unit B tenant has a right to use until the situation changes.

Monthly Payment Calculator



© 2023 Minot Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signal Realty. Data last updated: 2023-09-25T23:50:28.21.
www.minothomesearch.com/homes/139198537
Print Image

502 SE Ramstad Ave Minot, ND 58701

  • Price: $139,900
  • Status: Active Under Contract
  • On Site: 145 Days
  • MLS #: 230626
4
Beds
2
Baths
0
½ Baths
N/A
Acres
1,432
SQFT
$98
$/SQFT
1940
Built
Neighborhood:
Se
County:
Ward
Area:
Se
School District:
Minot #1
Property Description
This duplex had renovations in 2022. Currently the City is repairing damaged hillside due to plugged drainage system. The lower level unit is receiving carpet replacement and a new storm door and will be available to rent 1 Jul. Rent has been paid through May, leaving June vacant until all repairs are completed. A great opportunity to purchase as an investment or to live in one and rent out the other unit. Updated bath, flooring, and paint. Each unit has 2 bedrooms and 1 bath. The lower unit has washer/dryer hookups. Each tenant pays for their heat and electric and the owner is responsible for the water/sewer/trash since it is all on one meter. There is an agreement that the Unit A tenant be responsible to lawn maintenance and snow removal. Unit A tenant has the right to use the driveway, but since they have no vehicle, Unit B tenant has a right to use until the situation changes.
Exterior Features

Driveway Concrete Foundation Block Garage1 None Garage2 None Lot Size 4392 Sf Unit1 Unit A Unit2 Unit B

Interior Features

Air Conditioning No Appliances RefrigeratorRange/Oven Basement FinishedFullWalk Out Heat Forced AirNatural Gas Number Of Fireplaces 0 Sq Ft Above Ground 0-800 Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Sqft 716 Sf Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Sqft 716 Sf

Property Features

Annual Rent Income $14340 City Limits YN Yes Flooded No Foreclosure No Home Warranty YN No Miscellaneous Cable T.V. Sale Rent For Sale Sewer City Short Sale YN No Style 2 Tax Year 2022 Taxes $1634 Type Duplex Unit1 Rent $645 Unit2 Rent $550 Water City Zoning R3b

Listing information © 2023 Minot Board of Realtors.
Listing provided courtesy of Nexthome Legendary Properties: 701-852-8151.


© 2023 Minot Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signal Realty. Data last updated: 2023-09-25T23:50:28.21.
 
https://bt-photos.global.ssl.fastly.net/minot/orig_boomver_1_230626-2.jpg https://bt-photos.global.ssl.fastly.net/minot/orig_boomver_1_230626-2.jpg https://bt-photos.global.ssl.fastly.net/minot/orig_boomver_1_230626-2.jpg
Logo
Signal Realty
1541 S. Broadway
Minot ND, 58701