• 5302 51st Ave S, Suite B - Fargo, ND 58104
  • 701-566-7080
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$765,000
209 E Bismarck
Bismarck, ND 58504
MLS# 3408903
Status: Closed
24 beds  |  12 baths  |  14514 sqft
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Property Description
Great investment property !! All BRICK 12 plex apartment building located within a block of Kirkwood Mall on Bismarck Expressway. 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 is being installed 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 131 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 !

Details
Maps
Documents
Contract Information
List Price/SqFt: 58.5
Sold Price/SqFt: 52.71
Sold Price: $765,000
Current Price: $765,000
Date Listed: 2020-10-29
Remarks
Directions: On Bismarck Expressway across from Perkins Restaurant and close to Kirkwood Mall.
Public Remarks: Great investment property !! All BRICK 12 plex apartment building located within a block of Kirkwood Mall on Bismarck Expressway. 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 is being installed 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 131 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 !
Location
Sub Area: Bismarck City SE
Street Number: 209
Street Name: E Bismarck
Area: Bismarck City
State: ND
Zip Code: 58504
County: Burleigh
Legal, Tax and Other Information
Taxes: 8977
Specials Installment: 1544
Specials Balance: 7041
Zoning: RM30
Parcel ID: 0604-017-050
Legal Description: WACHTER'S 2ND Block: 17 N 25' OF LOT 15 & ALL OF LOT 16
General Property Information
Lot SqFt: 17500
Lot Acres: 0.4
Lot Dimensions: 125 x 140
Total 1/4 Baths: 0
Total Half Baths: 0
Total 3/4 Baths: 0
Main Finished SqFt: 4838
Upper Finished SqFt: 4838
Lower Finished SqFt: 4838
Basement Finished SqFt: 0
Finished Above Grade SqFt: 9676
Finished Below Grade SqFt: 4838
Garage Spaces: 0
Fireplace: No
Association: No
Property Sub Type: Multi Family
Year Built: 1975
Bedrooms Total: 24
Total Full Baths: 12
Total Baths: 12
Total Finished SqFt: 14514
Utilities
Cable Available: 1
Natural Gas Available: 1
Trash Pickup - Public: 1
Basement
Egress Windows: 1
Finished: 1
Full: 1
Roof
Flat: 1
Cooling
Wall/Window Unit(s): 1
Heating
Boiler: 1
Natural Gas: 1
Architectural Style
Apartment Style: 1
Construction Materials
Brick: 1
Flooring
Carpet: 1
Vinyl: 1
Appliances
Dishwasher: 1
Dryer: 1
Exhaust Fan: 1
Range: 1
Refrigerator: 1
Washer: 1
Interior Features
Audio Visual System: 1
Main Floor Bedroom: 1
Main Floor Laundry: 1
Smoke Detector(s): 1
Possession
Close Of Escrow: 1
Exterior Features
Balcony: 1
Patio And Porch Features
# of Decks: 8
Lot Features
Corner Lot: 1
Level: 1
Lot - Owned: 1
Rectangular Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Assigned: 1
Common: 1
Concrete: 1
Driveway: 1
Road Frontage Type
City Street: 1
Status Change Info
Status: Closed
Under Contract Date: 2021-06-09
Sold Date: 2021-08-18
Sold Price: $765,000
Property Features
Basement: Egress Windows; Finished; Full
Roof: Flat
Architectural Style: Apartment Style
Flooring: Carpet; Vinyl
Heating: Boiler; Natural Gas
Cooling: Wall/Window Unit(s)
Construction Materials: Brick
Appliances: Dishwasher; Dryer; Exhaust Fan; Range; Refrigerator; Washer
Interior Features: Audio Visual System; Main Floor Bedroom; Main Floor Laundry; Smoke Detector(s)
Possession: Close Of Escrow
Exterior Features: Balcony
Lot Features: Corner Lot; Level; Lot - Owned; Rectangular Lot
Utilities: Cable Available; Natural Gas Available; Trash Pickup - Public
Parking Features: Assigned; Common; Concrete; Driveway
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street
Room Information
Room Name Level Remarks
KitchenMain4 kitchens on each level
Dining RoomMain4 dining areas on each level
Living RoomMain4 living rooms on each level
Bedroom 8Main8 bedrooms on each level
OfficeMain4 office/den/storage rooms on each level
Bathroom 4Main4 full bathrooms on each level
LaundryMainWasher and dryer on each level
Mechanical/FurnaceLower
Listing Office: BIANCO REALTY, INC.

Last Updated: September - 02 - 2024

Information deemed reliable but not guaranteed.

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