1730 1st St. Sw, Minot, ND 58701-0000

$395,000
18
BD
14
BA
List Price
$395,000
Status
CONTINGENT - HI
MLS#
212320
Bedrooms
18
Bathrooms
14
Lot Size (Acres)
0.52
Year Built
1945

Property Description

Have you heard of a "Cash Cow" or a "Goose that lays golden eggs"?! This might be what one looks like...take a look and see what you think! Currently 100% occupied and generating an excellent internal rate of return and capitalization rate. This 14 unit one level complex with partial basement includes 4 two bedroom units and 10 one bedroom units and is situated on an easily accessible half acre C2 zoned commercial lot just off South Broadway. The commercial site value alone is worth the price!! A strong cash flow combined with future commercial value potential provides for a rock solid investment opportunity!! The property is located directly behind Captains Cove Restaurant off Broadway, adjacent to Taco Johns, and across the avenue from the Cenex Gas Station & Convenience Store.

Additional Information

Area
Sw
Taxes
$4,304
Heating
Natural Gas, Electric, Hot Water
Water
City
Sewer
City
School District
Minot #1

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Listing courtesy of BROKERS 12, INC..