502 Ramstad Avenue

Minot ND 58701

1432 sq. ft.

4392 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

This duplex had renovations in 2022. Currently the City is repairing damaged hillside due to plugged drainage system. The lower level unit is receiving carpet replacement and a new storm door and will be available to rent 1 Jul. Rent has been paid through May, leaving June vacant until all repairs are completed. A great opportunity to purchase as an investment or to live in one and rent out the other unit. Updated bath, flooring, and paint. Each unit has 2 bedrooms and 1 bath. The lower unit has washer/dryer hookups. Each tenant pays for their heat and electric and the owner is responsible for the water/sewer/trash since it is all on one meter. There is an agreement that the Unit A tenant be responsible to lawn maintenance and snow removal. Unit A tenant has the right to use the driveway, but since they have no vehicle, Unit B tenant has a right to use until the situation changes.