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Listing Details
- $345,000
- MLS# 7027590
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Raboin Realty
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701)293-3333
Home Value Estimate
Description
This 5-unit property represents a perfectly balanced hybrid investment, engineered for both stability and high yield performance. By diversifying the tenant base, the property captures the best of both worlds: three long-term units provide a reliable, steady foundation of monthly income that covers operating expenses and debt service, while two units are dedicated to the short-term rental market. These STR units capitalize on peak seasonal rates and travel demand, significantly boosting the property's gross income and driving an oversized cash-on-cash return that far outpaces traditional multi-family assets.For the savvy investor, this complex...read more
Features
- Heating: Baseboard
- Taxes: $5,547
- Water: City Water/Connected
- Year Built: 1902
Gallery
Listed By
Agency Name: Raboin Realty
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701)293-3333
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