715 N 40TH Street, Grand Forks, ND 58203 (MLS# 20-575)

715 N 40TH Street, Grand Forks, ND 58203

$3,900,000

Property Type: MultiFamily Baths: 86 Square Footage: 103,430 Lot Size (sq. ft.): 157,672 Status: Closed

Current Price: $3,900,000 List Date: 4/09/2020 Last Modified: 8/29/2024

Overview

Description

The Gallery Apartments are located in Grand Forks, ND to the north of the University of North Dakota (UND) campus. The property consists of 83 units in total, 50 two-bedroom , 30 one-bedroom and 3 three-bedroom one bath units. There are four buildings on site with a common laundry, exercise, and one pool area with gathering room. Parking on site consists of 50 garages with the remaining being

Supplements: either surface or off-street parking. **Total bdrms 139

Listing Details MLS# 20-575

General Property Information

Property Subtype: Multi Family
Realtor.COM Type: Multi-Family
Total SqFt.: 103430
Above Ground SQFT: 103430
Total Bathrooms: 86
Garage Type: Detached
Garage Stalls: 50
Lot Size Dimensions: 3.62
Lot SqFt: 157672
Below Ground SQFT: 0

Property Features

Levels: Three Or More Heating: Gas Hot Water

Location Tax and Legal Information

Area: N Grand Forks
House Number: 715
Street Name: N 40TH
Street Suffix: Street
State/Province: ND
Country: USA
Postal Code: 58203
County: Grand Forks
Zoning: A-1 Limited Development

Confidential Information

Begin Date: 2020-04-08
Under Contract Date: 2020-05-04
Sold Date: 2020-07-20

Income

Gross Scheduled Income: 72,070
# Units: 83
Vacancy Percent: 15.5

More Information

Inclusions

# Ranges: 83
# Refrigerators: 83

Schools

Grade Schools: Lake Agassiz
Middle Schools: Valley

Miscellaneous

Laundry: yes

Location, Tax and Legal Information

Tax Year: 2019
Taxes: 0
Flood Plain: Contact Lender
Parcel Number: 4431071800044311000100
Specials Amount: TBD
Total Tax & Specials: TBD
Specials Unpaid: TBD
Legal: Lots 1,2&3, Blk 13 University Heights Addition & Lots 1-6 INC Blk 1 University Heights Addition

Agent/Agency Information

Extra Agency Info: 7

Levels

Three Or More: Yes

Heating

Gas Hot Water: Yes

Expenses

Tax and Specials Exp Information: No

Listing Office: Crary Real Estate

Last Updated: August - 29 - 2024

Information deemed reliable but not guaranteed.