$605,000
Active
44 Days Online
16 Beds8 Baths7,878 SQFT
Active

1017 S 3rd Street Bismarck, ND 58504

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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.

  • Property TypeSingle Family Home
  • NeighborhoodMeadow Valley
  • CountyBurleigh
  • Taxes$7,210
  • HOA/Condo/Coop Fees$0
  • Days on Site43 Days
  • MLS StatusActive
  • MLS ID Number4012395
  • Home Size Source N/A
  • Year Built1975
  • Lot Size0.297 Acres
  • Full Baths8
  • Partial BathsN/A

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