7 Rental Properties - Mayville, ND

RENTAL PROPERTIES FOR SALE

 Multiple Locations - Mayville, ND

Price: $560,000

Property Note: This is a group of seven rental properties in Mayville, a small college town 1 hour north of Fargo. This is an investment opportunity to purchase a portfolio of rental properties that have very little vacancy and generate strong a rental income. Some of the properties are located across the street from the Mayville State University campus and others are just a few blocks away. The current owners have done several upgrades and maintenance work over the past few years. This is an excellent opportunity! The properties will be shown by appointment only. Property financial information will be made available to interested parties.

Contacts: Steve Link at 701.361.9985 or email stlink@pifers.com or Lindsey Brown at 701.371.5538 or email Lbrown@pifers.com for more information or Pifer’s Auction & Realty at 877.700.4099 for a complete catalog.

Property #1:

Address: 53 1^st Ave. NW - Mayville, ND

Legal Description: E 55’ of Lot 15 & E 55’ of N1/2 Lot 14, Blk 35 in Mayville, ND.

Parcel #: 27-0002-07035-001

Units: 1

RE Taxes & Specials (2018): $1,412.90

Property #2:

Address: 330 W Main - Mayville, ND

Legal Description: Lots 10 & 11, Blk 2, C&S Addition

Parcel #: 27-0005-07194-000

Units: 1

RE Taxes & Specials (2018): $848.18

Property #3:

Address: 25 E Main - Mayville, ND

Legal Description: All of Lot 14 & E 8 1/3 Ft of Lot 15, Blk 26.

Parcel #: 27-0002-06888-000

Units: 4

RE Taxes & Specials (2018): $2,500.06

Property #4:

Address: 224 4^th Ave. NE - Mayville, ND

Legal Description: S 14’ of Lot 8 & All of Lot 9, Blk 10

Parcel #: 27-0002-06687-000

Units: 1

RE Taxes & Specials (2018): $1,213.65

Property #5:

Address: 340 W Main St. - Mayville, ND

Legal Description: Lots 13 & 14, Blk 2, C&S Addition

Parcel #: 27-0005-07197-000

Units: 1

RE Taxes & Specials (2018): $1,455.52

Property #6:

Address: 125 3^rd Ave. NE - Mayville, ND

Legal Description: All of Lot 4 & S 34’ of Lot 5, Blk 15.

Parcel #: 27-0002-06748-000

Units: 2

RE Taxes & Specials (2018): $957.21

Property #7:

Address: 232 3^rd Ave. NE - Mayville, ND

Legal Description: Lots 7 & 8, Blk 11 original townsite of Mayville, ND

Parcel #: 27-0002-06698-001

Units: 4

RE Taxes & Specials (2018): $1,713.37