7-Unit Apartment Building For Sale - 202 2nd St. W - Reeder, ND

7-UNIT APARTMENT BUILDING FOR SALE

202 2nd St. W - Reeder, ND

PRICE: $300,000

Property Note:  Investment opportunity in Reeder, ND! This complex is a 7-unit apartment building, 6 units are 1-bedroom/1 bathroom and 1 unit is a studio suite. All units include a refrigerator, stove, and microwave.  Shared laundry with washer and dryer available onsite. Front parking with electrical plugins for tenants.  Contact Ali to schedule a private viewing! 

Viewings will be by appointment only.

Contact:  Ali Pierce at 701.206.1046 or ali@pifers.com, or Pifer’s Auction & Realty at 701.523.7366 for more information.

Property Information:

Address:  202 2nd St W - Reeder, ND

Legal:  Lots 7, 8, 9, and 10, Block 6, Reeder City Original

​Building:  1980's

Sq. Ft.:  TBD

Heating:  Baseboard Electric

Cooling:  Tenant provided if desired

Water: City Water and City Sewer 

Electricity: MDU

​Taxes (2022): $1403.34

Occupancy:  Currently this apartment building has 2-units occupied at $700/month rent per unit.  Tenant is responsible for electricity.  Landlord provides water, sewer, and internet.

Updates:  Updates have been done throughout the complex within the last 2 years, which include new flooring, paint, etc.  Additional upkeep as needed has also been completed.