For Sale
$350,000

304 Antelope Ave Forman, ND 58032

Two-unit apartment building, excellent income potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a well-maintained, two-unit apartment building ideally situated at 304 & 306 Antelope Avenue in Forman, North Dakota, 58032. Built in 2014, this property boasts a total of 3,280 square feet on a sizable 0.46-acre lot. The building features two distinct units: one with two bedrooms and a single-car garage, and the other offering three bedrooms and a two-stall garage. Both units benefit from oversized garages equipped with floor heat and drains, 36-inch doors, 9-foot ceilings, and 10x8-foot garage doors. Luxury features include walk-in whirlpool tubs and in-floor heating systems with propane and electric backup. Adding a unique security feature, the master walk-in closets are designed as secure rooms with 8-foot concrete walls and fire-rated doors. The property is zoned for residential multifamily use and offers convenient access. The building's exterior is finished with vinyl siding. The Sargent Central High School serves the area. Current income projections indicate a total annual income of $1800, with estimated annual utility expenses of $340. This property represents a strong cash-flowing investment with significant potential for future appreciation. The property includes three parking spaces. County records indicate the building area as 3,280 square feet. Accessibility features include accessible entrances, accessible full baths, and hallways.

Highlights

  • $350,000 asking price for this multifamily property.
  • Two-unit apartment building totaling 3,280 square feet.
  • Built in 2014, situated on a 0.46-acre lot in Forman, ND.
  • Features three parking spaces and is zoned Residential MF.

Property Details for 304 Antelope Ave

Property type
Apartment buildings
Square Feet
3,280 SF
Year Built
2014
Lot Size (sq. ft)
20,038 SF
Units
2

Location Insight

City
Forman
County
Sargent
State
North Dakota
Latitude
46.1079466
Longitude
-97.6340859

FAQs

What type of property is this?
Apartment building - Two-unit apartment building, excellent income potential.
Where is the apartment building located?
The property is located at 304 Antelope Ave Forman, ND.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: $350,000 asking price for this multifamily property.; Two-unit apartment building totaling 3,280 square feet.; Built in 2014, situated on a 0.46-acre lot in Forman, ND.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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304 Antelope Ave
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