111 1st Street North
New Rockford , North Dakota 58356
$105,000

4 UNIT APARTMENT


This 4 unit apartment house sits on a large lot on a private drive just off a frontage road adjoining highway 281.  There are large trees that are on the lot which set it apart from many other apartments in the area.


The units are all 2 bedroom which make it very desirable when looking for a tenant as most renters want at a minimum of two bedrooms.  The bedrooms are nice size as is the living room.  The kitchen is well laid out with windows looking to the back yard.  The seller has opened the kitchen to the living room which certainly is a nice feature.   Each unit has a stove and refrigerator as well as a wall air conditioner. 


There are two units on each level with each unit having a front door as well as a back door which will take them to the back yard.  Not many apartments have two entrances.  There is plenty of storage both in the unit as well as having storage closets in the halls.


There is a common laundry area to be used by all tenants on the lower level.


There is a three-stall garage, the last person to move in is the person who ends up without a garage, when tenants change the person without a garage space would now have access to a garage if they wish. There is also a metal storage shed for other yard and lawn equipment.  There are very few apartment units in New Rockford where garage space is available.  The tenants with a garage space pay an additional amount for the use of the garage.


At the back of the apartment is a concrete patio which certainly looks like a great spot to have a cup of coffee with your neighbor or just a nice place for a summer barbecue. 


The heating system is a hot water boiler operating on Natural Gas, the landlord pays the heat while the tenants pay for their own electrical costs.  


There have been two new picture windows installed in the lower units, the front door and storm door were just replaced in November of this year, the water heater was replaced in 2020.  The shingles were new in about 201 More

4 UNIT APARTMENT


This 4 unit apartment house sits on a large lot on a private drive just off a frontage road adjoining highway 281.  There are large trees that are on the lot which set it apart from many other apartments in the area.


The units are all 2 bedroom which make it very desirable when looking for a tenant as most renters want at a minimum of two bedrooms.  The bedrooms are nice size as is the living room.  The kitchen is well laid out with windows looking to the back yard.  The seller has opened the kitchen to the living room which certainly is a nice feature.   Each unit has a stove and refrigerator as well as a wall air conditioner. 


There are two units on each level with each unit having a front door as well as a back door which will take them to the back yard.  Not many apartments have two entrances.  There is plenty of storage both in the unit as well as having storage closets in the halls.


There is a common laundry area to be used by all tenants on the lower level.


There is a three-stall garage, the last person to move in is the person who ends up without a garage, when tenants change the person without a garage space would now have access to a garage if they wish. There is also a metal storage shed for other yard and lawn equipment.  There are very few apartment units in New Rockford where garage space is available.  The tenants with a garage space pay an additional amount for the use of the garage.


At the back of the apartment is a concrete patio which certainly looks like a great spot to have a cup of coffee with your neighbor or just a nice place for a summer barbecue. 


The heating system is a hot water boiler operating on Natural Gas, the landlord pays the heat while the tenants pay for their own electrical costs.  


There have been two new picture windows installed in the lower units, the front door and storm door were just replaced in November of this year, the water heater was replaced in 2020.  The shingles were new in about 2017.  There have been upgrades to the bathrooms along with some of the flooring, the entire interior of the building has been painted within the past couple of years.  The units are fully occupied and there never seems to be a problem of being fully occupied, this again may be the result of there being two bedrooms and the availability of having a garage.


If you have been looking for investment property this may be a good one to look at.  


Less

Mortgage Calculator

Back to List

Find Us

PO Box 287 | New Rockford, ND 58356 | Phone: 701-947-5626 | Fax: 701-947-5620