500 Frontage Road, Elgin, ND 58533
$580,000
Property Type:
Commercial
Square Footage:
15,888
Lot Size (sq. ft.):
86,249
Status:
Closed
Current Price:
$498,500
List Date:
12/07/2023
Last Modified:
10/20/2024
Overview
Description
This 16 unit apartment complex has 8 fully furnished 1 bedroom, 1 bathroom apartments and 8 2 bedroom, 2 bathroom apartments. Each apartment has it's own washer and dryer and an outside outlet. The single apartments are move in ready, complete with dishes, silverware, towels and linens. They are all air conditioned. The owner furnishes the appliances for some of the 2 bedroom apartments. They furnish their own AC. Rent is $500 per month for the singles and doubles where the tenant furnishes the appliances, and $550 if the owner has the appliances. There is electric heat. Tenants pay for electricity. The owner pays for water, sewer, and garbage. There is off street and on street parking. There is a large courtyard with a storm shelter. Each apartment has access to additional storage.
Supplements:
Listing Details MLS# 23-1214
None
- Realtor.COM Type
- Commercial
Contract Information
- Book Section
- Commercial/Investment
- Begin Date
- 2023-12-05
- Seller Terms
- Cash at closing
- For Sale/Lease
- Sale
Property Type
- Year Built
- 1977
- Total SqFt.
- 15888
- Basement
- none
- Basement Type
- None
- Lot Size Dimensions
- 294 x 294
- Lot Acres
- 1.98
- Lot Size Square Feet
- 86249
Location Tax and Other Information
- House Number
- 500
- Street Name
- Frontage
- Street Suffix
- Road
- State/Province
- ND
- Postal Code
- 58533
- County
- Grant
- Area
- New Leipzig
- Subdivision
- Part SE Lands
ROS Contingent
- Accepting Backup Offers
- No
Sold Information
- Under Contract Date
- 2023-12-27
- Sold Date
- 2024-02-22
More Information
Business Details
- Real Estate/Business
- Real Estate and Business
Miscellaneous
- Construction Type
- Stick built
Utilities
- Electrical
- Tenant pays
- Heat
- Electric Baseboard
- Air Cond #
- 8
- Air Cond Type
- Wall
- Water Heaters
- 16 electric
- Water
- City
- Sewer
- city
Location, Tax and Other Information
- City
- Elgin
- Zoning
- Res Low Density
- Taxes
- 5187
- Tax Year
- 2022
- Specials Balance
- No
- Specials Year
- No
- Specials Installment
- No
- Legal
- Block 22, Part SE Lands, 22-134-89
- Mineral Rights
- No
- Directions
- From Highway 49, go west on 6th Ave, then turn south immediately on the Frontage Road. Property is on your right. Signs on the property.
Sold Info
- Tot $ Seller Conces
- No
Documents
Listing Office:
Century 21 Morrison Realty
Last Updated: October - 20 - 2024
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