202 4th Ave NE, Elgin, ND 58533

This is 8 unit apartment building is a great an investment opportunity. 6 2 bedroom apartments of approximately 735 sq ft each and 2 one-bedroom apartments of 617 sq ft each. There is off street parking for the tenants with vehicle plug-ins. Each apartment has a range, refrigerator and wall air conditioner. Electric heat with separate meters for each apartment. Tenants pay their own electric bills. The owners pay for the common areas, water, hot water and sewer for the facility. There are 2 coin operated laundries and a tornado shelter in the common area. There are 4 garage stalls for tenant use on a first come, first served basis. The apartments are currently all leased,. $400 per month for the one bedroom units, $440 per month for the 2 bedroom units. Garage rent is $30 per month. The property is well maintained and updated. Tenants are month to month, with a one month security deposit. It is one block from the hospital and is utilized by the staff. Financial information available uopn request.