Active
1914-2012 Divide Avenue E
Bismarck ND, 58501
$1,500,000
$140.29 per sqft
Active
37 Beds
18 Baths
10,692 sqft
Multi-family
Built in 1972
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 out 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!
4008884
MLSⓇ ID
July 25, 2023
Listed
November 22, 2024
Updated
Map
1914-2012 Divide Avenue E
Bismarck ND, 58501
Interior Features
Bedrooms
37
Total Bathrooms
18
Full Bathrooms
18
Interior Features
Ceiling Fan(s), Security System, Window Treatments
Appliances
Dishwasher, Range, Refrigerator
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
See Remarks, Boiler
Exterior/Building Features
Lot Size
0.84 Acres
Exterior Features
Other
Lot Features
Lot - Owned, Rectangular Lot
Architectual Style
Split Level, See Remarks
Roof
Flat
Sewer
Public Sewer
Other Property Details
Area Name
Bismarck City
Taxes
$16,387
Tax Frequency
Annually
Garage
Yes
Garage Spaces
19
Parking
Detached, See Remarks, Additional Parking, Assigned
View
No
County
Burleigh
Water Source
Public
Pool
No
Listed by Tori Meyer with BIANCO REALTY, INC.
Listing Contact: 701-212-8931
The IDX display contains information sourced from the Great North MLS as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 1:16 PM UTC