Palermo ND Real Estate & Commercial for Sale

2 Properties Found

The median home value in Palermo, ND is $104,700. This is lower than the county median home value of $207,683. The national median home value is $266,648. The average price of homes sold in Palermo, ND is $104,700. Approximately 57% of Palermo homes are owned, compared to 17% rented, while 26% are vacant. Palermo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Palermo real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
3,576
Status:
Active
MLS#:
210570
Type:
Other
Subdivision:
Other City
Lot size:
3.87 Acres
Year built:
2014
Courtesy: CENTURY 21, ACTION REALTORS
View additional info

THIS PROPERTY INCLUDES ONE OLDER UPDATED HOME WITH 2 BEDROOMS, A SEMI-FINISHED ATTIC WHICH COULD BE RENOVATED TO MAKE EXTRA BEDROOMS OR A FAMILY ROOM, AND A DOUBLE GARAGE, ALSO INCLUDED WITH THE PROPERTY ARE TWO NEWER (2014) MOBILE HOMES WHICH HAVE 1216 SQ.FT. EACH, AND EACH OF THEM HAS 3 BEDROOMS AND 2 BATHS. THIS PROPERTY CAN ALSO BE SOLD WITH ONE OR TWO ADJOINING 4 ACRE LOTS FOR AN EXTRA $45,900 EACH OR ALL THREE PROPERTIES FOR $279,999 (MLS#181812). CURRENTLY ALL THREE HOMES ARE BEING RENTED 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.

Beds:
n/a
Baths:
Sq.Ft.:
3,576
Status:
Active
MLS#:
210557
Type:
Other
Subdivision:
Other City
Lot size:
11.87 Acres
Year built:
2014
Courtesy: CENTURY 21, ACTION REALTORS
View additional info

This property is almost 12 acres, and has 3 homes on it. One is an older home with two bedrooms with space in the attic to add more bedrooms or family room and has been updated recently. The other 2 are each 1676 sq.ft. newer (2014) mobile homes with 3 bedrooms and 2 bath each. All three homes are currently being rented for $2700 a month for good cash flow. These 3 homes can also be sold without the adjoining lots on just 3.87 acres for a reduced price of $189,000. Great investment property... lease out all three or live in one and rent out the other 2.

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