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MLS# 408904
$849,000
131 E Bismarck
Bismarck, ND 58504

24 Bed
0 Garage Cap.
12 Bath
14514 Sq. Ft.


Description

Great investment property !! All BRICK 12 plex apartment building located within a block of Kirkwood Mall on Bismarck Expressway. There are 3 levels with 4 apartments on each level. Sellers had all the windows and doors replaced, new paint in the common areas, new metal posts on all 12 deck/balconys, some new wall air conditioners ( 12 total units ) and new hall carpet on all 3 levels. Each apartment unit is approximately 1,200 square feet and has 2 bedrooms plus a den/office/storage room. The renters pay electricity and the owners pay heat, water/sewer/garbage, common area lights. There is a coin operated washer and dryer on each level (total of 6). You can also purchase the all BRICK 12 plex apartment building next door at 209 East Bismarck Expressway for $849,000. The security system works on both buildings if you buy these buildings together - can handle up to 14 cameras. This property is fully rented . Great parking space, convenient location and low maintenance. Nice sized apartments that are professionally managed !


Taxes $9,104
Tax Year 2019
Specials Installment $2,188
Specials Balance $10,077