Property Description This building has been at 100% occupancy for the past 12 months. Each unit is a 2-bed/1 bath unit with a kitchen, dining and living room. One of the units has a large walk-in pantry and the another has a room that most tenants use as a third bedroom (though it would be non-conforming).
Boiler was replaced a year ago. Most units have had updates to paint, flooring and the bathroom showers over the past 3 years.
All units are under lease, though one is currently vacant (it is rented as of 1 June).
Monthly revenue is approximately $4,500 (rent and laundry).
Call your favorite Realtor today to set up your private showings. ALL SHOWINGS are by appointment only.
DO NOT enter the building without a scheduled showing.
Listing Agent is a partial owner of the LLC that is selling the property
Details
Maps
Documents
Contract Information
List Price/SqFt: 69.75
Sold Price/SqFt: 66.67
Sold Price: $430,000
Current Price: $430,000
Date Listed: 2023-05-23
Remarks
Included: All units will have a stove and fridge. There is a set of coin-operated washer and dryer. There is a shed and covered picnic area on the property as well.
Directions: Travel west on Main Street and turn Right on 10th.
Left on 2nd St and Right on 12th Ave.
Building will be on your left side.
Public Remarks: This building has been at 100% occupancy for the past 12 months. Each unit is a 2-bed/1 bath unit with a kitchen, dining and living room. One of the units has a large walk-in pantry and the another has a room that most tenants use as a third bedroom (though it would be non-conforming).
Boiler was replaced a year ago. Most units have had updates to paint, flooring and the bathroom showers over the past 3 years.
All units are under lease, though one is currently vacant (it is rented as of 1 June).
Monthly revenue is approximately $4,500 (rent and laundry).
Call your favorite Realtor today to set up your private showings. ALL SHOWINGS are by appointment only.
DO NOT enter the building without a scheduled showing.
Listing Agent is a partial owner of the LLC that is selling the property
Location
Sub Area: Mandan City NW
Street Number: 1301
Street Name: 3rd
Street Type: Street
Street Direction Sfx: NW
Area: Mandan City
State: ND
Zip Code: 58554
County: Morton
Legal, Tax and Other Information
Taxes: 4884
Specials Installment: 184
Specials Balance: 0
Pending Specials: No
Zoning: RM
Parcel ID: 65-1137000
Legal Description: SUBDIV:HEART VIEW ADDITION BLK:1
E 1/2 OF N 40' OF THIRD ST & SO 53' OF
LOTS 11 THRU 16 -1008
Middle School: Mandan
High School: Mandan High
General Property Information
Lot SqFt: 13064
Lot Acres: 0.3
Lot Dimensions: 93*150
Total 1/4 Baths: 0
Total Half Baths: 0
Total 3/4 Baths: 0
Main Finished SqFt: 2150
Upper Finished SqFt: 2150
Lower Finished SqFt: 2150
Basement Finished SqFt: 0
Finished Above Grade SqFt: 4300
Finished Below Grade SqFt: 2150
Garage: No
Fireplace: No
Accessibility Features: No
Association: No
Property Sub Type: Multi Family
Year Built: 1964
Bedrooms Total: 13
Total Full Baths: 6
Total Baths: 6
Total Finished SqFt: 6450
Basement
Daylight: 1
Egress Windows: 1
Finished: 1
Full: 1
Cooling
Wall/Window Unit(s): 1
Heating
Baseboard: 1
Boiler: 1
Hot Water: 1
Natural Gas: 1
Architectural Style
Apartment Style: 1
Construction Materials
Vinyl Siding: 1
Levels
Three Or More: 1
Flooring
Carpet: 1
Linoleum: 1
Vinyl: 1
Appliances
Electric Range: 1
Refrigerator: 1
Interior Features
Smoke Detector(s): 1
Exterior Features
None: 1
Lot Features
Corner Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Off Street: 1
Parking Lot: 1
Status Change Info
Status: Closed
Under Contract Date: 2023-06-01
Sold Date: 2023-06-23
Sold Price: $430,000
Property Features
Basement: Daylight; Egress Windows; Finished; Full
Architectural Style: Apartment Style
Levels: Three Or More
Flooring: Carpet; Linoleum; Vinyl
Heating: Baseboard; Boiler; Hot Water; Natural Gas
Property Condition Stmt