Are you looking for a fantastic 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 buldings. There other 2 buildings at 1011 S 3rd St and 305 E. Bismarck Expressway are also for sale for a total package of $1, 81 5, 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.

Request Information
on 1017 S 3rd St
in Bismarck, ND
Presented by KATHY FEIST at
BIANCO REALTY, INC.


Property MLS #4012395 from GreatNorthMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 16

+ Bathrooms

Total Bathrooms: 8.00
Full Bathrooms: 8

+ Appliances

Dryer
Range
Range Hood
Refrigerator
Washer

+ Other Rooms

Bathroom 4, Bathroom 8, Bedroom 8
Basement Description: Egress Windows, Finished

+ Heating and Cooling

Cooling Features: Wall/Window Unit(s)
Heating Features: Baseboard, Hot Water

+ Interior Features

Flooring: Carpet, Laminate, Linoleum, Vinyl

+ Exterior and Lot Features

Balcony
Road Frontage Type: City Street

+ Land Info

Lot Description: Level, Rectangular Lot
Lot Size Acres: 0.297
Lot Size Dimensions: Lot Description/Size: 74 x 170-180
Lot Size Square Feet: 12950

+ Garage and Parking

Parking Features: Additional Parking, No Garage, Parking Lot

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 7210.00
Source Listing Status: Active
County: Burleigh
Directions: Direction: Located on South 3rd St. just South of Bismarck Expressway across from Kirkwood Mall.
Tax Year: 2023
Source Property Type: Residential
Inclusions: Refrigerator, Range, Hood, 2 Washers and 2 Dryers (located on each level in the hallways)
Area: Bismarck City
Source Neighborhood: Meadow Valley
Parcel Number: 0591-014-008
Subdivision: Meadow Valley
Zoning: RM30
Property Subtype: Multi Family
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-03-29
$605000
GreatNorthMLS

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Listing removed 2024-02-02
$0
GreatNorthMLS

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Price Changed 2023-08-15
$609900
GreatNorthMLS

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Listed 2023-04-22
$625000
GreatNorthMLS

+ Building and Construction

Year Built: 1975
Above Grade Finished Area: 3939
BelowGradeFinishedArea: 3939
Construction Materials: Brick, Wood Siding
Levels: Two
Property Age: 49
Roof: Shingle
Architectural Style: Apartment Style

+ Utilities

Sewer: Public Sewer
Water Source: Public

+ Display Complete School Details

Dorothy Moses Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

Wachter Middle School is a public middle school located approximately 0.3 miles away.
Map directions

Bismarck High School is a public high school located approximately 1.3 miles away.
Map directions

St. Mary's Grade School is a private elementary school located approximately 1 miles away.
Map directions