409 N 15th Street, Bismarck, ND 58501

$415,000
7
BD
4
BA
3,600
SqFt

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List Price
$415,000
MLS#
4028211
Bedrooms
7
Full-baths
4
Sq. Ft
3,600
Acres
0.16
Year Built
1962
Neighborhood
Bismarck City

Property Description

Investment opportunity awaits at this well-maintained 3,600 sq ft multi-family apartment building featuring 7 bedrooms and 4 full bathrooms. The property consists of three 2-bedroom apartments and one 1-bedroom apartment, each with its own private entrance, kitchen, and dining area. Every unit includes a refrigerator, range, window A/C units, and access to shared on-site washer and dryer. Flooring is a mix of vinyl and carpet. The building is equipped with boiler heating, and the roof was replaced in 2018. Exterior features include durable steel siding. Convenient garage parking is located close to the rear of the building with alley access, plus dedicated parking pads for each unit and additional street parking. Ideally located just off Rosser Avenue on 15th Street, the property offers excellent proximity to downtown, a large park, restaurants, a hair salon, Airport Road, and Main Street. Currently fully rented and stable, this is a strong turnkey investment with reliable cash flow and long-term appreciation potential.

Additional Information

Style
Apartment Style, Two-Story
Lot Size
7,000
Garage Spaces
4
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Trash Pickup - Public
Heating
Boiler

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Calculator source: Real Geeks

Listing courtesy of LONNA QUAST from BIANCO REALTY, INC.