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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$1,650,000

Est. payment - /mo

0.97 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Landeco Add

MLS Listing ID 7034898

Year Built 1983

Annual Tax Amount $24,845

Tax Year 2025

Contingent None

Lot Size 0.970 Acres

Lot Dimensions Irregular

Property Description

Twenty-nine unit apartment complex located in Grand Forks featuring a mix of one-, two-, and three-bedroom units. The property is consistently at high occupancy rates and producing consistent income. Including on-site coin-operated laundry and a large parking lot. A large green space/city park is located directly adjacent to the property, offering added appeal for tenants. A solid investment opportunity offering stable cash flow with potential for future growth.

Location

State ND

County Grand Forks

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Baseboard

Cooling Wall Unit(s)

Flooring Carpet, See Remarks

Inclusions Building, Land, Leases

Fireplace No

Appliance Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator

Exterior

Parking Features Detached Garage, Parking Lot, Paved Lot

Fence None

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Asphalt

Present Use Commercial

Building

Lot Description Irregular Lot, Property Adjoins Public Land, Tree Coverage - Light

Story Three Or More

Foundation 7373

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick,Concrete

New Construction false

Schools

School District Grand Forks

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Listed by REAL (1531 FGO)

Nearby School & Business

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3619 Landeco LN Grand Forks, ND 58201