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.
| Price | $605,000 |
|---|---|
| Bedrooms | 16 Beds |
| Bathrooms | 8 Full Baths |
| Year Built | 1975 |
| Property Type | Multi-Family |
| Listing # | 4012395 |
| Status | Active |
| County | Burleigh |
| Listing Type | For Sale |
| Square Feet | 7,878 |
|---|---|
| Floors | Carpet, Laminate, Linoleum, Vinyl |
| Heating and Cooling | Baseboard, Hot Water, Wall/Window Unit(s) |
| Exterior | Brick, Wood Siding |
|---|---|
| Roof | Shingle |
| Garage | No |
| Lot Size | 0.30 acres |
Courtesy of Kathy J Feist, Bianco Realty, Inc.701-220-1100
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.
