1011 3rd Street N Bismarck, ND 58501 MLS# 4014685 Status: Closed 18 beds | 10 baths | 9614 sqft
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Property Description This property consists of 2 residential rental buildings: 1011/1013 N 3rd St and 1015 N 3rd St. 1011/1013 has 4 units and building 1015 has 5 units. Total of 18 bedrooms and 10 bathrooms. Rent revenue in 2023 was $70,368.54. All units are currently rented, most are currently on a month to month basis. Assigned parking is along the alley. New electrical panel installed in bldg 1015 in 2023. Properties need some TLC and list price was adjusted accordingly to compensate for the deferred maintenance. Deferred maintenance includes windows, flooring, paint, bathroom caulking, etc. BEING SOLD AS-IS, price accordingly. Taxes, specials, and sq ft provided by City of Bismarck, buyer to confirm.
Details
Maps
Contract Information
List Price/SqFt: 65.53
Sold Price/SqFt: 60.85
Sold Price: $585,000
Current Price: $585,000
Date Listed: 2024-07-17
Remarks
Included: Appliances in units (fridge, stove/oven), community washers and dryers.
Directions: Across from the old St Mary's high school on N 3rd St. From Main St, north on 3rd St.
Public Remarks: This property consists of 2 residential rental buildings: 1011/1013 N 3rd St and 1015 N 3rd St. 1011/1013 has 4 units and building 1015 has 5 units. Total of 18 bedrooms and 10 bathrooms. Rent revenue in 2023 was $70,368.54. All units are currently rented, most are currently on a month to month basis. Assigned parking is along the alley. New electrical panel installed in bldg 1015 in 2023. Properties need some TLC and list price was adjusted accordingly to compensate for the deferred maintenance. Deferred maintenance includes windows, flooring, paint, bathroom caulking, etc. BEING SOLD AS-IS, price accordingly. Taxes, specials, and sq ft provided by City of Bismarck, buyer to confirm.
