2212 12TH Avenue N, Grand Forks, ND 58203 (MLS# 24-1324)

2212 12TH Avenue N, Grand Forks, ND 58203

$889,000

Property Type: MultiFamily Bedrooms: 24 Baths: 24 Square Footage: 13,344 Lot Size (sq. ft.): 25,347 Status: Closed

Current Price: $889,000 List Date: 8/05/2024 Last Modified: 2/12/2025

Overview

Description

Introducing a prime investment opportunity! This 13,344 SF multi-family property built in 1963 boasts 24 one bedroom units, presenting a lucrative chance for low-rise/garden investors. With a proven track record and steady rental income, this property offers a seamless entry into the thriving multi-family market. Don't miss the chance to acquire this established asset.

Listing Details MLS# 24-1324

General Property Information

Property Subtype: Multi Family
Realtor.COM Type: Multi-Family
Total SqFt.: 13344
Below Ground SQFT: 6624
Above Ground SQFT: 6720
Total Bedrooms: 24
Total Bathrooms: 24
Garage Type: None
Lot Size Dimensions: Irr
Lot SqFt: 25347
Waterfront: No

Property Features

Levels: Split Level Heating: Electric Forced Air

Location Tax and Legal Information

Area: N Grand Forks
House Number: 2212
Street Name: 12TH
Street Suffix: Avenue
Street Direction Sfx: N
State/Province: ND
Country: USA
Postal Code: 58203
County: Grand Forks
Zoning: R-4 Multi-family (high)

Confidential Information

Begin Date: 2024-08-05
Under Contract Date: 2024-08-19
Sold Date: 2024-10-15

Income

Gross Scheduled Income: 167,520.00

More Information

Expenses

Tax and Specials Exp Information: 15,216.88

Inclusions

# Ranges: 24
# Refrigerators: 24

Listing Office: Crary Real Estate

Last Updated: February - 12 - 2025

Information deemed reliable but not guaranteed.