• 5302 51st Ave S, Suite B - Fargo, ND 58104
  • 701-566-7080
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$650,000
2504 E Thayer Avenue
Bismarck, ND 58501
MLS# 4013033
Status: Closed
7104 sqft
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Property Description
This fully occupied 8 unit apartment building brings in $6,950 per month in gross rent with an additional income from the coin-operated laundry that is located on each level. The exterior is completely maintenance-free with vinyl siding, and three of the units have been previously updated. The one unit is a one bedroom. All others are two bedroom. All units have dishwashers and off-street parking. All tenants are responsible for their own electricity. The units are currently managed by Clooten Property Management. Six months of free prepaid management services will be included in the sale to the buyer. Due to all units being currently occupied, a pre-qualification letter will be required before a showing can be scheduled. Contact your favorite agent to schedule a showing today!

Details
Maps
Contract Information
List Price/SqFt: 90.86
Sold Price/SqFt: 91.5
Price Type: Sale Only
Sold Price: $650,000
Current Price: $650,000
Date Listed: 2024-04-30
Remarks
Directions: East on Thayer Avenue. Building is on the north side of the street.
Public Remarks: This fully occupied 8 unit apartment building brings in $6,950 per month in gross rent with an additional income from the coin-operated laundry that is located on each level. The exterior is completely maintenance-free with vinyl siding, and three of the units have been previously updated. The one unit is a one bedroom. All others are two bedroom. All units have dishwashers and off-street parking. All tenants are responsible for their own electricity. The units are currently managed by Clooten Property Management. Six months of free prepaid management services will be included in the sale to the buyer. Due to all units being currently occupied, a pre-qualification letter will be required before a showing can be scheduled. Contact your favorite agent to schedule a showing today!
Location
Sub Area: Bismarck City NE
Street Number: 2504
Street Name: E Thayer
Street Type: Avenue
Area: Bismarck City
State: ND
Zip Code: 58501
County: Burleigh
Legal, Tax and Other Information
Taxes: 7273.76
Tax Year: 2023
Specials Installment: 52.44
Specials Balance: 95.20
Pending Specials: No
Zoning: RE
Parcel ID: 0105-048-030
Legal Description: Lot 30 Block 48 W100' OF LOTS 13-16 & ALL OF LOT 17 & S5' OF LOT 18
General Property Information
Lot SqFt: 14501
Lot Acres: 0.3329
Lot Dimensions: 100 x 150
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 3552
Finished Below Grade SqFt: 3552
Accessibility Features: No
Fee: No
Property Sub Type: Multi Family
Year Built: 1975
Total Finished SqFt: 7104
Utilities
Trash Pickup - Public: 1
Business Type
Other: 1
Building Info
Laundry Room: 1
Existing Lease Type
Other: 1
Roof
Shingle: 1
Cooling
Wall/Window Unit(s): 1
Heating
Natural Gas: 1
Architectural Style
Apartment Style: 1
Construction Materials
Frame: 1
Vinyl Siding: 1
Levels
Two: 1
Foundation
Concrete Perimeter: 1
Slab: 1
Listing Terms
No Seller Finance: 1
Possession
Close Of Escrow: 1
Fencing
None: 1
Electric
Circuit Breakers: 1
Lot Features
Corner Lot: 1
Rectangular Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
No Garage: 1
Road Frontage Type
City Street: 1
Tenant Pays
Electricity: 1
Telephone: 1
Included
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Amenities
See Remarks: 1
Status Change Info
Status: Closed
Under Contract Date: 2024-06-03
Sold Date: 2024-06-12
Sold Price: $650,000
Property Features
Business Type: Other
Building Info: Laundry Room
Existing Lease Type: Other
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Construction Materials: Frame; Vinyl Siding
Roof: Shingle
Architectural Style: Apartment Style
Levels: Two
Foundation: Concrete Perimeter; Slab
Fencing: None
Electric: Circuit Breakers
Water Source: Public
Sewer: Public Sewer
Utilities: Trash Pickup - Public
Tenant Pays: Electricity; Telephone
Included: Dishwasher; Dryer; Range; Refrigerator; Washer
Road Frontage Type: City Street
Amenities: See Remarks
Listing Terms: No Seller Finance
Possession: Close Of Escrow
Lot Features: Corner Lot; Rectangular Lot
Parking Features: No Garage
Listing Office: Better Homes and Gardens Real Estate Alliance Group

Last Updated: September - 06 - 2024

Information deemed reliable but not guaranteed.

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