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824 1st Ave. NW

Minot, ND 58703
  • $229,900
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 231131
Price Reduced
UPDATED: 72 min ago
$229,900
  • 6
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,520
    SQFT
  • $91
    $/SQFT
Neighborhood:
Nw
Type:
Multi-Family
Built:
1959
County:
Area:
Nw

School Ratings & Info

School District:

Description

Welcome to the golden investment opportunity of a lifetime! Feast your eyes on this fully renovated triplex that is guaranteed to captivate both seasoned investors and those looking to break into the real estate market. With its immaculate exterior boasting maintenance-free vinyl siding, off-street parking, and a generous fenced backyard complete with a garage, this property checks all the boxes for a lucrative investment. Let's begin our tour with the main floor unit, a bright and airy space that has been meticulously updated. Step into the expansive kitchen, adorned with cinnamon stained cabinetry and a four-piece appliance suite that will satisfy even the most discerning chef. The large living room provides ample space for relaxation, while the two bedrooms offer cozy retreats. The spacious bathroom, featuring a tile tub surround, adds a touch of elegance and convenience with its laundry facilities. Rent for this main floor unit, inclusive of the garage, can easily fetch around $850 in today's market. Descending to the lower unit, you'll find yourself in another fully updated haven. The well-appointed kitchen and living space are perfect for entertaining or unwinding after a long day. A walk-in tile shower adds a touch of luxury to the bathroom, while the two bedrooms offer privacy and comfort. This unit also features private laundry facilities, adding to its appeal. With an estimated market rent of approximately $600, this lower level unit presents a fantastic opportunity to supplement your investment income. Now, let's ascend to the top floor, where natural light floods the living room, creating an inviting and cheerful ambiance. The bright kitchen, adorned with timeless white cabinets, is a culinary dream come true. Two additional bedrooms provide flexibility for tenants, while the updated bathroom features modern amenities and convenient in-unit laundry facilities. With a market rent of around $750, this upper level unit adds yet another layer of profitability to this remarkable triplex. It's important to note that this triplex has been fully updated from top to bottom, ensuring a hassle-free ownership experience. Each unit is equipped with central heating and air conditioning, guaranteeing optimal comfort for tenants year-round. With its turnkey status, this property is ready for immediate occupancy, allowing you to start generating personal wealth through the power of real estate investment. Agent is related to sellers.

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© 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: 2023-09-29T18:50:29.183.
www.minothomesearch.com/homes/141487792
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824 1st Ave. NW Minot, ND 58703

  • Price: $229,900
  • Status: Active
  • On Site: 76 Days
  • Updated: 72 min ago
  • MLS #: 231131
6
Beds
3
Baths
0
½ Baths
0.22
Acres
2,520
SQFT
$91
$/SQFT
1959
Built
Neighborhood:
Nw
County:
Ward
Area:
Nw
School District:
Minot #1
Property Description
Welcome to the golden investment opportunity of a lifetime! Feast your eyes on this fully renovated triplex that is guaranteed to captivate both seasoned investors and those looking to break into the real estate market. With its immaculate exterior boasting maintenance-free vinyl siding, off-street parking, and a generous fenced backyard complete with a garage, this property checks all the boxes for a lucrative investment. Let's begin our tour with the main floor unit, a bright and airy space that has been meticulously updated. Step into the expansive kitchen, adorned with cinnamon stained cabinetry and a four-piece appliance suite that will satisfy even the most discerning chef. The large living room provides ample space for relaxation, while the two bedrooms offer cozy retreats. The spacious bathroom, featuring a tile tub surround, adds a touch of elegance and convenience with its laundry facilities. Rent for this main floor unit, inclusive of the garage, can easily fetch around $850 in today's market. Descending to the lower unit, you'll find yourself in another fully updated haven. The well-appointed kitchen and living space are perfect for entertaining or unwinding after a long day. A walk-in tile shower adds a touch of luxury to the bathroom, while the two bedrooms offer privacy and comfort. This unit also features private laundry facilities, adding to its appeal. With an estimated market rent of approximately $600, this lower level unit presents a fantastic opportunity to supplement your investment income. Now, let's ascend to the top floor, where natural light floods the living room, creating an inviting and cheerful ambiance. The bright kitchen, adorned with timeless white cabinets, is a culinary dream come true. Two additional bedrooms provide flexibility for tenants, while the updated bathroom features modern amenities and convenient in-unit laundry facilities. With a market rent of around $750, this upper level unit adds yet another layer of profitability to this remarkable triplex. It's important to note that this triplex has been fully updated from top to bottom, ensuring a hassle-free ownership experience. Each unit is equipped with central heating and air conditioning, guaranteeing optimal comfort for tenants year-round. With its turnkey status, this property is ready for immediate occupancy, allowing you to start generating personal wealth through the power of real estate investment. Agent is related to sellers.
Exterior Features

Driveway ConcreteYes-Side Exterior Fence Foundation Concrete Garage1 D1 Garage2 None Lot Size 9466 Sq. Ft. Unit1 Unit A Unit2 Unit B Unit3 Unit C

Interior Features

Air Conditioning Central Appliances MicrowaveDishwasherRefrigeratorRange/OvenWasher And Dryer Basement FinishedFull Heat Forced AirNatural Gas Number Of Fireplaces 0 Sq Ft Above Ground 1501-2000 Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Sqft 840 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Sqft 840 Unit3 Baths 1 Unit3 Bedrooms 2 Unit3 Sqft 840

Property Features

Annual Rent Income 26400 City Limits YN Yes Flooded Yes-R Foreclosure No Sale Rent For Sale Sewer City Short Sale YN No Style 2 Tax Year 2022 Taxes 4074.00 Taxes Exp 4074 Type Triplex Unit1 Rent $850 Unit2 Rent $600 Unit3 Rent $750 Water City Zoning R1g

Listing information © 2023 Minot Board of Realtors.
Listing provided courtesy of Brokers 12, Inc.: 701-852-3757.


© 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: 2023-09-29T18:50:29.183.
 
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Signal Realty
1541 S. Broadway
Minot ND, 58701