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333 Interstate Avenue W

Bismarck, ND 58503
  • $3,200,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 4004298
New On Site 5 Days Ago
UPDATED: 56 min ago
$3,200,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 39,054
    SQFT
  • $82
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Description

This is a great investment opportunity! This building is being sold together with the adjacent building at 313 W Interstate Ave.(MLS#4004297) In total, there are 40 units, and all but five of them have been completely redone in the last 2 years. New flooring, paint, appliances, etc! (There are 17 one bed/one bath, and 23 2 bed/one baths) (12 of the one-bedroom units have a second non-conforming bedroom) There are 8 sets of shared coin-op washers & dryers, and a security system with 20+ cameras and keypad secured entrances. New roof on both buildings in 2018. This building (333) had new decking and stairs installed in 2019. Financials available upon request to qualified buyers. Property is currently managed by Clooten Property Mgt and is fully stabilized, bringing in a combined total of $30k gross revenue per month. Buyer to verify square footage, taxes, specials, and lot dimensions.

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© 2022 Bismarck Mandan Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trademark Realty. Data last updated: 2022-09-26T23:24:32.36.
www.trademarknd.com/homes/133268117
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333 Interstate Avenue W Bismarck, ND 58503

  • Price: $3,200,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 56 min ago
  • MLS #: 4004298
0
Beds
0
Baths
0
½ Baths
0.68
Acres
39,054
SQFT
$82
$/SQFT
1971
Built
Neighborhood:
Bismarck City
County:
Burleigh
Area:
Bismarck City
Property Description
This is a great investment opportunity! This building is being sold together with the adjacent building at 313 W Interstate Ave.(MLS#4004297) In total, there are 40 units, and all but five of them have been completely redone in the last 2 years. New flooring, paint, appliances, etc! (There are 17 one bed/one bath, and 23 2 bed/one baths) (12 of the one-bedroom units have a second non-conforming bedroom) There are 8 sets of shared coin-op washers & dryers, and a security system with 20+ cameras and keypad secured entrances. New roof on both buildings in 2018. This building (333) had new decking and stairs installed in 2019. Financials available upon request to qualified buyers. Property is currently managed by Clooten Property Mgt and is fully stabilized, bringing in a combined total of $30k gross revenue per month. Buyer to verify square footage, taxes, specials, and lot dimensions.
Exterior Features

Architectural Style Apartment Style Construction Materials ConcreteSteel Siding Fencing Chain LinkPartial Foundation Concrete Perimeter Garage No Levels Three Or More Lot Features Corner LotLot - Owned Parking Features AssignedParking Lot Road Frontage Type City Street Roof CompositionFlatRubber

Interior Features

Basement ConcreteDaylightEgress WindowsFinishedFullInterior EntryStorage SpaceWalk-Out Access Cooling Ceiling Fan(S)Wall/Window Unit(S) Finished Above Grade Sq Ft 26036.00 Finished Below Grade Sq Ft 13018.00 Flooring CarpetLaminateVinyl Heating BaseboardHot Water Total Unfinished Sq Ft 0.00

Property Features

Accessibility Features YN No Amenities Common Laundry AreaGround Floor UnitManager On PremisesPets Allowed Business Type Other Electric Fuses Fee Includes None Fee YN No Included Ceiling Fan(S)DishwasherDisposalDryerExhaust Fan/HoodKeyless EntryMicrowave HoodOvenRangeRefrigeratorSecurity SystemWasherWindow Treatments Listing Terms 1031 ExchangeConventionalOwner May Carry Price Type Sale Only Property Sub Type Multi Family Sewer Public Sewer Sub Area Bismarck City Nw Tax Year 2021 Taxes 11704.00 Tenant Pays Cable TvElectricity Utilities Cable ConnectedElectricity ConnectedSewer ConnectedTrash Pickup - PublicWater Connected Water Source Public Zoning Rm

Listing information © 2022 Bismarck Mandan Board of Realtors MLS.
Listing provided courtesy of Jesse Clooten of Better Homes And Gardens Real Estate Alliance Group: (701) 222-2217.



© 2022 Bismarck Mandan Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trademark Realty. Data last updated: 2022-09-26T23:24:32.36.
 
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Mandan ND, 58554