$305,000
$299,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 05/01/2024
Key Details
Sold Price $305,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Coltons 3Rd Add
MLS Listing ID 6412905
Sold Date 05/01/24
Year Built 1902
Annual Tax Amount $4,066
Tax Year 2023
Contingent None
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 100x140
Property Description
An excellent investment opportunity awaits in St. Aloysius, an 8-plex multi-family residential facility in Lisbon, ND. Featuring four 2-bedroom and four 1-bedroom units, this turn of the century building once served as a school and was converted in 1979 into apartments. Highlights include many updates to the units in this 3-story building, coin-operated laundry, a four-stall attached garage, 5 off-street parking spaces, and recently replaced roof. St. Aloysius is professionally managed with great occupancy rates and is offered at a 8.4% cap rate. Property eligible for Renaissance Zone Incentives.
Location
State ND
County Ransom
Zoning Residential-Multi-Family
Rooms
Basement Finished, Full, Stone/Rock
Interior
Heating Baseboard
Cooling Window Unit(s)
Fireplace No
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Garage Attached Garage, Parking Lot
Garage Spaces 4.0
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Roof Type Asphalt
Present Use Residential
Parking Type Attached Garage, Parking Lot
Building
Story Three Or More
Foundation 1815
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone
Schools
School District Lisbon
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