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Active
$665,000
/mo Edit
Commercial:  Apartments/Retail
Built 1907
MLS# 6539909
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    Property Description

    Beautiful Hamilton Block building on Main St in Lisbon is now available for sale! 8 rentable units in this building! Complete with two Main St shops, 5 newly re-modeled and updated apartment units upstairs, and large gymnasium area in the center of the building. Newly replaced roof and common hallway areas are sure to impress. A historic building with rich character and modern amenities throughout is perfect to add to your investment portfolio, contact listing agent to schedule your showing today!

    Listing

    Contingency: None
    City: Lisbon
    County: Ransom
    State: ND
    Property Style: Apartments/Retail
    Zip Code: 58054
    Subdivision Name: Coltons 3rd Add

    Interior

    Basement Details: Brick/Mortar

    Exterior

    Stories: Two
    Other Parking Spaces: 8
    Air Conditioning: Central Air
    Foundation Size: 4,032 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: More Parking Onsite for Fee
    Exterior Material: Brick/Stone

    Lot & Land

    Geolocation: 46.441657, -97.681679
    Inclusions: Building
    Lot Dimensions: 48 x 84
    Zoning: Business/Commercial

    Expenses

    Annual Electric Expense: $3,927
    Annual Insurance Expense: $7,158
    Annual Gross Expense: $20,940
    Annual Water/Sewer Expense: $2,439
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $136
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $136

    Income

    Annual Gross Income: $4,900

    Rent

    Annual Net Income: $37,860

    Units

    Total Units: 8

    Miscellaneous

    Current Use: Commercial
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of REAL (3961 WF).
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.