114-132 8TH Avenue SE, Mayville, ND 58257

$1,000,000

114-132 8TH Avenue SE
Mayville, ND 58257
MLS# 25-280
20 beds | 10 baths | 10266 sqft

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Property Description
Exceptional Investment Opportunity in Mayville, ND! Mayville Townhomes - a well-maintained 10-unit townhome complex in a thriving rental market. This property boasts 100% occupancy, strong tenant retention, and an impressive NOI. Many upgrades, both in-unit and some capital improvements. Spacious 2 bed townhome offer a bi-level layout, garages, and private entrance.

Details

Maps

Documents

Contract Information

Status: Active

List Price: $1,000,000

Current Price: $1,000,000

General Property Information

Property Subtype: Multi Family

Realtor.COM Type: Multi-Family

Total SqFt.: 10266

Above Ground SQFT: 10266

Total Bedrooms: 20

Total Bathrooms: 10

Garage Type: Detached

Garage Stalls: 10

Year Built: 1982

Style: 2+ Story

Lot Size Dimensions: 285x186

Lot SqFt: 53058

Waterfront: No

Location Tax and Legal Information

Area: Small Town ND

House Number: 114-132

Street Name: 8TH

Street Suffix: Avenue

Street Direction Sfx: SE

State/Province: ND

Country: USA

Postal Code: 58257

County: Traill

Zoning: A-1 Limited Development

Confidential Information

Begin Date: 2025-03-14

Income

Total Income: 77821

Scheduled Rent: 6,788

# Units: 10

Expenses

Electricity: 135

Insurance: 7327.50

Water/Sewer: 1,294

Management: 10,138

Tax and Specials Exp: 7,552.94

Inclusions

# Air Conditioners: 10

# Dishwashers: 10

# Ranges: 10

# Refrigerators: 10

Miscellaneous

Laundry: In Unit

Showing Instructions

Showing Service: None

Property Features

Miscellaneous: Property Disclosure

Supplements

Prime Location: Conveniently located near Mayville State University, ensuring consistent income and minimal vacancy. Invest with confidence: Proven income history, strong local demand, and potential for rent growth make this property an ideal choice for seasoned investors or first-time multifamily buyers. Best of all...AMPLE space to build, nearly 3/4 of an acre of possibilities. Contact us today to schedule a private tour and receive full financials.

Listing Documents

Sellers Property Disclosure

Property Taxes

Listing Office: TruHome Realty

Last Updated: April - 02 - 2025

Information deemed reliable but not guaranteed.

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114-132 8TH Avenue SE, Mayville, ND 58257 (MLS# 25-280)