Discounted, Large Home in Grandin, ND (25 min N of Fargo, right off Interstate 29):
* Move in Ready, $25/sq ft, $40,000+ potential profit for Fix&Flip.
*Partially remodeled home close to Fargo. Buy well below current market value for immediate equity. (Move in, Rent out or Fix & Flip for large profit. Many options w/ this 3bd/2ba home).
-Specs: 3bed/2bath, $1,400sq ft, 2 story, built 1955, remodeled bedrooms and bathrooms throughout, open kitchen/dining area, beautiful hardwood flooring in kitchen & dining area, breakfast nook, back deck w/ sliding door, large yard, concrete poured foundation, Large lot 70x140, Single stall garage w/ shop area. Most all windows, doors & roof remodeled w/ in last 8 years. Forced air (new furnace & water heater), propane tank.
-Includes all appliances: stove, fridge, washer/dryer, dishwasher, propane tank-
Updates (home is move in ready & doesn't require immediate repairs, but here are the repairs if you plan to flip it for quick profit):
Exterior Repairs: various siding & trim repairs & paint, garage siding needs redone. Home may eventually need leveling.
Interior Repairs: minor cosmetic updates including plaster cracking on walls in stairwell, outdated kitchen, some older floor & carpet.
-Cost: $36,000 Cash Only. Estimated repairs: $15,000. ARV 85,000-95,000. Expected Profit Margin After Updates: $40,000+.
Comps:
Recently Sold Homes:
429 Clement Ave, Grandin ND. 4bd/2ba, built 1923, 1,764sqft. Sold 11/13 $76,500 ($43/sqft)
130 5th St, Grandin ND, 3bd/2ba, built 1978, 1,232 sqft, Sold 6/12, $149,900 ($121/sqft)
132 5th St, Grandin ND, 4bd/2ba, built 1970, 2,800 sqft, Sold 7/14, $185,900 ($66/sqft)
15834 21st SE, Arthur, ND, 3bd/1ba, built 1952, 2,100 sqft, Sold 8/12 $150,000 ($71/sqft)
Homes currently for sale in area:
125 4th St, Grandin ND, 2bd/2ba, built 1966, 1,166 sqft, For Sale: $155,000 ($133/sqft)
1705 165th Ave SE, Gardner ND, 3bd/1ba, built 1955, 1,100 sqft, For Sale: $159,900 ($145/sqft)
Avg price/sq ft for homes sold recently in Grandin built in 1940-1970 is $65. Newer & remodeled homes avg $90-$105+ range.
Estimated ARV (after repair value) for quick resale: $85,000-$95,000+. Easily allowing for $40,000+ in quick profit.
Please contact me with further questions/showings.
First w/ Cash gets the home.
Zach 701.595.0074, PriorityHomesND@gmail.com
Off market
$190,400
224 5th St, Grandin, ND 58038
3beds
2baths
1,400sqft
SingleFamily
Built in 1955
10,000 sqft lot
$190,400 Zestimate®
$136/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air
Cooling
- Wall
Appliances
- Included: Dishwasher, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Detached
Features
- Has view: Yes
- View description: Park
Lot
- Size: 10,000 sqft
Details
- Parcel number: 14010012866000
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1955
Community & neighborhood
Location
- Region: Grandin
Services availability

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