[UPLISTED] - 624 8th St NE

Address: 624 8th St NE, Minot, ND 58703
Asking Price: $110k
Call or text Otto for more Details & to schedule a walkthrough: 701-337-6197

Features
-Great location, across from Roosevelt Elementary School.
-Previously on-market for $142,900.

Property Information
Upper Unit: 2 Bed | 1 Bath
Lower Unit: 2 Bed | 1 Bath
Year Built 1929 | See more details

Income Information:

• Upper Unit: Occupied
  • Rate: $450/mo
  • Tenant pays electricity
  • Month-to-Month Lease
  • Market rent of $545 ~ $595 w/ updates
• Main Unit: Vacant
  • Market Rent: $700 (as-is)
  • Landlord pays water/sewer & gas
  • Market rent of $825 ~ $875 w/ updates
• Tax Est: $1,480/yr

Cap-Ex Summary
Roof: Architectural shingles in good condition. The attached garage has a rolled roof that could stand to be sealed or replaced.
Siding: Overall decent condition, but I would replace the damaged or broken tiles and re-paint the exterior.
HVAC: Two separate forced air furnace units and one gas water heater. All functional but within replacement age.
Plumbing: Cast cleanout replaced by PVC above ground level.
Electrical: Two 100 amp service circuit panels. The basement panel services the lower unit, and the upper panel services the upper unit.
Structure: No apparent structural concerns.
Other Notes: The best use for the garage will likely be lawn maintenance equipment and storage.

Exterior

Basement (Utility)

Lower Unit

Upper Unit

Garage