1017 S 3rd Street Bismarck ND
$605,000
MLS:
4012395
Ad #4711981
200 Views
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.
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
Placed On:
Listing Expires On: