$570,000
416 15th Street NE
Mandan, ND 58554
MLS# 4001943
Status: Closed
13500 sqft


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Property Description
This 8 unit building is part of a 16-unit complex. There are 8 1500 sq ft apartments, with 2 large bedrooms and 1 full bathroom. The bedrooms are big enough for a king sized bed! Current rent roll is over the 1% rule, at an average of $14k per month for both buildings (16 units). This building has 8 single-stall garages with openers. The other building in this complex is listed as MLS#4001947)

Details
Maps
Contract Information
List Price/SqFt: 49.63
Sold Price/SqFt: 42.22
Sold Price: $570,000
Current Price: $570,000
Date Listed: 2022-05-28
Remarks
Directions: North on Collins Ave, Right on 14th St. NE, Left on 3rd Ave NE, Right on 15th St. NE. Complex is on the Left.
Public Remarks: This 8 unit building is part of a 16-unit complex. There are 8 1500 sq ft apartments, with 2 large bedrooms and 1 full bathroom. The bedrooms are big enough for a king sized bed! Current rent roll is over the 1% rule, at an average of $14k per month for both buildings (16 units). This building has 8 single-stall garages with openers. The other building in this complex is listed as MLS#4001947)
Location
Sub Area: Mandan City NE
Street Number: 416
Street Name: 15th
Street Type: Street
Street Direction Sfx: NE
Area: Mandan City
State: ND
Zip Code: 58554
County: Morton
Legal, Tax and Other Information
Taxes: 8067
Tax Year: 2021
Specials Installment: 1820.64
Specials Balance: 9938.68
Pending Specials: No
Zoning: RM
Parcel ID: 65-0806000
Legal Description: Diane's 3rd Block 3 W 20.6' of Lot 4 & all of Lot 5
General Property Information
Lot SqFt: 18269
Lot Acres: 0.4194
Lot Dimensions: 103x184
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 13500
Finished Below Grade SqFt: 0
Garage: Yes
Accessibility Features: No
Fee: No
Property Sub Type: Multi Family
Year Built: 1980
Total Finished SqFt: 13500
Business Type
Other: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Heating
Hot Water: 1
Patio And Porch Features
# of Decks: 8
# of Patios: 8
Lot Features
Lot - Owned: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Deck: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Amenities
Laundry: 1
Pets Allowed w/Restrictions: 1
Status Change Info
Status: Closed
Under Contract Date: 2022-08-05
Sold Date: 2022-12-21
Sold Price: $570,000
Property Features
Business Type: Other
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Hot Water
Water Source: Public
Sewer: Public Sewer
Tenant Pays: Cable TV; Electricity
Amenities: Laundry; Pets Allowed w/Restrictions
Lot Features: Lot - Owned
Parking Features: Deck

Listing Office: Better Homes and Gardens Real Estate Alliance Group

Last Updated: September - 06 - 2024

Information deemed reliable but not guaranteed.