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1017 S 3rd Street Bismarck ND
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Bismarck, ND
$605,000
MLS: 4012395
Ad #4711981
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Are you looking for a great investment property... here it is ! Check out this 8 plex apartment building with a maintenance free brick exterior. Convenient location to the mall, restaurants, businesses, etc. There have been many updates to these apartments. There are 4 balconies with patio door access. All 8 units are rented - the total rents for March 2024 is $6,220. ( The rental income meets the 1% rule.) There is a professional property management company that handles everything. They will need to give a 24 - 48 hour notice to the tenants before all showings. The parking lot is shared with 3 other apartment buildings. There other 2 buildings at 1011 S 3rd St and 305 E. Bismarck Expressway are also for sale for a total package of $1,815,000 for three 8 plex apartments buildings all in a row for a total of 24 units. Buildings #1017 is the 3rd building South of Bismarck Expressway on 3rd St. Coin operated Washers and Dryers on each level... 2 washers, 2 dryers. per building. There is new carpet in the hallways and new paint. Most of the individual apartments have been updated.
Additional Details
Seller's Website: http://www.BismarckListings.com
Condition: Used
Seller Type: Commercial / Business
Finished Square Footage: 7878
Lot Size (Acres): 0
Number of Baths: 8
Number of Bedrooms: 16
Special Balance: 3602
Taxes: 7210
Year Built: 1975
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