Description
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 Kirkwood Mall, restaurants, businesses, etc. There have been many updates to these apartments. There are 4 balconies with patio door access. The rents per month $765. Two apartments are currently vacant. The total rent would be $6,120 per month fully occupied at $765 per unit x 8 units. (This building fully rented is a good investment using 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 for all showings. The parking lot is shared with 3 other apartment buildings. This is the 3rd building South of Expressway on 3rd St. and across from Famous Dave's restaurant. Coin operated Washers and Dryers on each level... 2 washers, 2 dryers with income approx $300-400 per month. There is new carpet in the hallways and new paint. Most of the individual apartments have been updated.
Location
Listing information provided courtesy of the Bismarck Mandan Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 7th June, 2023 3:43 PM (UTC)
Listing Office: BIANCO REALTY, INC.
