Palermo ND Real Estate & Homes for Sale

This property includes one older updated (well it was updated about a year ago, but the new tenants destroyed it again) home with a semi finished attic (which could be renovated for more bedrooms or a family room) and a double garage. Also included with the property are 2 newer (2014) mobile homes which has 1216 sq.ft. each, and each has 3 bedrooms and 2 baths. This whole property can be sold with one or two adjoining 4 acre lots for an extra $45,900 each or all three properties for $239,900 (MLS#181812). Currently all three homes are being rented out for a total of $2700 a month for a positive cash flow which should more than pay your monthly mortgage. One mobile home has natural gas heat and the other has propane. Currently all three homes use the well for water but there is also rural water right on the street by the property.

THIS PROPERTY IS ON ALMOST 12 ACRES WITH AN UPDATED OLDER HOME WITH 2 BEDROOMS THAT HAS AN ATTIC WHICH COULD BE UPDATED TO ADD MORE BEDROOMS OR A FAMILY ROOM. THERE ARE ALSO TWO NEWER (2014) MOBILE HOMES ON THE LOT WITH 1676 SQ.FT EACH AND EACH HAS 3 BEDROOMS AND TWO BATHS. THEY ARE ALL CURRENTLY RENTED FOR A TOTAL OF $2700 A MONTH FOR A POSITIVE CASH FLOW. THESE 3 HOMES CAN ALSO BE SOLD WITHOUT THE OTHER 2 LOTS OF 4 ACRES EACH FOR A REDUCED PRICE OF $189,000 ON 3.87 ACRES. GREAT INVESTMENT PROPERTY... LIVE IN ONE HOME AND RENT OUT THE OTHER TWO, OR RENT OUT ALL 3. PLUS THERE'S LOTS OF OPPORTUNITY TO USE THE OTHER 8 ACRES... USE YOUR IMAGINATION!

This updated older, 2 bed 1 bath house with a double garage is on a good foundation on 3.87 acres. It has stairs leading up to a semi-finished attic, which could be made into one or two more bedrooms. Included with the property are two newer mobile homes (2014) each with 3 bedrooms, 2 full baths 16' X 76' set up on the property that are being used as rentals. This property can also be sold with 2 other adjoining lots which are 4 acres each at $45,900 or for all lots at $279,999 (MLS# 181812). There is rural water on the street next to the property. Let the 2 rental properties pay your mortgage. Currently all three homes are being rented for a total of $2700 for a positive cash flow and should pay for your mortgage payment and still have extra spending money One mobile home has natural gas heat, and the other has propane.

This property is almost 12 acres and includes 3 homes. One is an older updated 2 bedroom, 1 bath home with a decent foundation, and the other 2 are both 16'x76' newer (2014) Mobile homes, each with 3 bedrooms and 2 full baths, that are being used as rentals. These 3 homes can also be sold on just 3.87 acres, without the 2 adjoining lots for a price of $189,000 (MLS# 190278). There is rural water on the street next to the property. Currently all 3 homes are being rented for a total of $2700. Let 2 rental properties pay your mortgage and live in the other. If you are looking for land for a hobby farm or investment, this is a must see.