$585,000
1011 3rd Street N
Bismarck, ND 58501
MLS# 4014685
Status: Closed
18 beds  |  10 baths  |  9614 sqft


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Property Description
This property consists of 2 residential rental buildings: 1011/1013 N 3rd St and 1015 N 3rd St. 1011/1013 has 4 units and building 1015 has 5 units. Total of 18 bedrooms and 10 bathrooms. Rent revenue in 2023 was $70,368.54. All units are currently rented, most are currently on a month to month basis. Assigned parking is along the alley. New electrical panel installed in bldg 1015 in 2023. Properties need some TLC and list price was adjusted accordingly to compensate for the deferred maintenance. Deferred maintenance includes windows, flooring, paint, bathroom caulking, etc. BEING SOLD AS-IS, price accordingly. Taxes, specials, and sq ft provided by City of Bismarck, buyer to confirm.

Details
Maps
Contract Information
Sold Price: $585,000
Current Price: $585,000
List Price/SqFt: 65.53
Sold Price/SqFt: 60.85
Date Listed: 2024-07-17
Remarks
Included: Appliances in units (fridge, stove/oven), community washers and dryers.
Directions: Across from the old St Mary's high school on N 3rd St. From Main St, north on 3rd St.
Public Remarks: This property consists of 2 residential rental buildings: 1011/1013 N 3rd St and 1015 N 3rd St. 1011/1013 has 4 units and building 1015 has 5 units. Total of 18 bedrooms and 10 bathrooms. Rent revenue in 2023 was $70,368.54. All units are currently rented, most are currently on a month to month basis. Assigned parking is along the alley. New electrical panel installed in bldg 1015 in 2023. Properties need some TLC and list price was adjusted accordingly to compensate for the deferred maintenance. Deferred maintenance includes windows, flooring, paint, bathroom caulking, etc. BEING SOLD AS-IS, price accordingly. Taxes, specials, and sq ft provided by City of Bismarck, buyer to confirm.
Location
Street Number: 1011
Street Name: 3rd
Street Type: Street
Street Direction Sfx: N
Area: Bismarck City
Sub Area: Bismarck City NW
State: ND
Zip Code: 58501
County: Burleigh
General Property Information
Property Sub Type: Multi Family
Lot SqFt: 14000
Lot Acres: 0.3214
Lot Dimensions: 100 x 140
Year Built: 1956
Bedrooms Total: 18
Total Full Baths: 10
Total Baths: 10
Main Finished SqFt: 3787
Upper Finished SqFt: 2040
Lower Finished SqFt: 3787
Finished Above Grade SqFt: 5827
Finished Below Grade SqFt: 3787
Total Finished SqFt: 9614
Garage: No
Other Parking Spaces: 9
Fireplace: No
Accessibility Features: No
Association: No
Status Change Info
Status: Closed
Under Contract Date: 2024-09-21
Sold Date: 2024-10-21
Sold Price: $585,000
Property Features
Basement: Egress Windows; Finished
Architectural Style: Apartment Style
Heating: Baseboard; Boiler; Electric; Other
Cooling: Wall/Window Unit(s); Other
Construction Materials: Steel Siding; Stucco
Appliances: Dryer; Oven; Refrigerator; Washer
Interior Features: Smoke Detector(s)
Exterior Features: Storage
Lot Features: Rectangular Lot
Other Structures: Shed(s)
Parking Features: Assigned; No Garage; On Site
Water Source: Public
Sewer: Public Sewer
Rooms: Mechanical/Furnace
Room Information
Room NameLevel
Mechanical/FurnaceBasement

Listing Office: TRADEMARK REALTY

Last Updated: October - 25 - 2024

Information deemed reliable but not guaranteed.


Broker Attribution: 701-223-3030

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