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1431 1st St SE Minot, ND 58701-5759
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Key Details
Sold Price $159,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,541 sqft
Price per Sqft $62
MLS Listing ID 200552
Sold Date 05/19/20
Style 2
Bedrooms 5
Year Built 1952
Tax Year 2019
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 63x135
Property Description
THIS MAKES "DOLLARS" AND "SENSE"!! If you're looking to build wealth through real estate and also reduce or eliminate your housing expense, here is a place to start. This well maintained property, in a nice residential neighborhood in south Minot, offers the opportunity to live in one unit and rent the other two units to pay your mortgage. Take advantage of the benefits of owner occupied financing that includes a minimum down payment and the ability to lock-in to today's crazy low interest rates. When the time comes for a bigger house, you'll have a triplex in your real estate portfolio with an unbeatable financing package in place. When you look back on this financial move, it will put a smile on your face :-) MAIN FLOOR: The main floor unit includes 2 bedrooms, bathroom, living room, kitchen/dining with authentic hardwood floors and kitchen appliances. UPSTAIRS: The upstairs unit includes 2 bedrooms, bathroom, living room, and kitchen/dining. Kitchen appliances are included and as an added bonus this unit is equipped with its very own washer & dryer. BASEMENT: The basement unit includes 1 bedroom, bathroom and a large open kitchen/dining area. The basement and main floor units share the washer and dryer that are located in the lower level. GARAGE: The 20x22 detached garage features auto openers and can be assigned to whichever unit or units the owner wishes. YARD: The property is nicely landscaped and includes ornamental shrubs/perennials, a big backyard with some perimeter fencing, and a garden plot. UPDATES: Many improvements have been made to the property over the past several years including siding & windows, concrete, shingles, gable roof on the garage, electric breaker panel, appliances, etc. RENT RECEIVABLE: $1,710 monthly. The owners have done an excellent job of maintaining the property and addressing any issues that arise in a timely manner making this property a rock solid investment.
Location
State ND
County Ward
Area Se
Zoning R1G
Rooms
Basement Finished, Full
Kitchen Main/Upstairs/Basement
Interior
Heating Forced Air, Natural Gas, Electric
Cooling No
Appliance Refrigerator, Range/Oven, Washer, Dryer
Laundry Basement and Upstairs
Exterior
Exterior Feature Fence, Deck
Garage Opener, Lights
Garage Spaces 2.0
Building
Foundation Concrete
Lot Size Range Less
Sewer City
Water City
Schools
School District Minot #1
Others
Tax ID MI25.297.000.0043
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