$1,500,000
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1914-2012 Divide Avenue Bismarck, ND 58501
Other
Residence
Beds
Baths
21,384
Sq. Ft.
0.84
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Are you looking for an Amazing Investment Property that is in amazing shape? 1914 DIVIDE AVE E (6-PLEX), 2004 DIVIDE AVE E (6-PLEX),2012 DIVIDE E (6-PLEX) ALL INCLUDED WHAT A GREAT DEAL! $177,600 approx. yearly income, increases yearly, 99% is month to month leases & excellent tenants.Do not miss o...ut on this 55 or older 18-unit apartment complex. One of the best investments you can have. This complex includes 3 apartment buildings, 18 garage stalls, 18 off-street parking spaces and a 20X30 shop with a 19 ft. door. Each unit has a full kitchen, large living room, built in closets and china cabinet, 2 bedrooms and a full bath. Unit one in1914 changed the storage room into an addition bedroom that none conforming. Therefore unit 1 in both 2004 & 2012 have huge storage rooms. Other units have shared storage rooms.The buildings have a brick maintenance free exterior and have been well maintained and are pet free. The units have been updated with carpets, tile bathrooms, paint, appliances and more (See attachment for additional information on each unit). Each unit takes care of their own electrical bills and features 2 bedrooms and 1 full bathroom, nice size living room and dining area. Coin operated washers and dryers are included. The unit has a convenient location close to healthcare, shopping, restaurants, DQ, state capital and more. The apartment complex has a great rental history always have full occupancy. The 18 plex is great investment being bought together and each building on RPR shows values over $675,00 for each building so this is one of the best investments with 100% occupancy. The present owners are willing to do snow removal for the new investors. See attachment for additional information. DON'T MISS OUT ON THIS INCREDABLE INVESTMENT!
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MLS#
4007907
Property Type
Other
Year Built
1972
Square Feet
21,384
sq. ft
Price per Sq. Ft.
$70.15
Lot Size
0.84
Stories
2.0
Sewer
Public Sewer
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