$640,000
1304 Century Avenue E
Bismarck, ND 58503
MLS# 3322349
Status: Closed



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Property Description
Stable, long-term land lease in place. One-half undivided fee simple ownership (land only) being offered to qualified buyers. Tenant pays all expenses; rent is paid monthly. Fixed annual cash on cash return equals 7.0%, including rent increases. Similar to an annuity, but with undivided 1/2 ownership of the property at the NE corner of State Street & Century Ave! Please contact a Realtor for confidential offering information.

Details
Maps
Contract Information
Sold Price: $640,000
Current Price: $640,000
List Price/SqFt: 6.49
Sold Price/SqFt: 6.15
Date Listed: 2014-01-20
Remarks
Directions: NE corner Century Ave & State Street
Public Remarks: Stable, long-term land lease in place. One-half undivided fee simple ownership (land only) being offered to qualified buyers. Tenant pays all expenses; rent is paid monthly. Fixed annual cash on cash return equals 7.0%, including rent increases. Similar to an annuity, but with undivided 1/2 ownership of the property at the NE corner of State Street & Century Ave! Please contact a Realtor for confidential offering information.
Location
Street Number: 1304
Street Name: Century
Street Type: Avenue
Street Direction Sfx: E
Area: Bismarck City
Sub Area: Bismarck City NE
State: ND
Zip Code: 58503
County: Burleigh
General Property Information
Lot SqFt: 104083
Lot Acres: 2.39
Status Change Info
Status: Closed
Under Contract Date: 2014-08-11
Sold Date: 2014-09-16
Sold Price: $640,000
Property Features
Encumbrances: Other; See Remarks
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street
Documents Available: See Remarks

Listing Office: NORTHWEST REALTY GROUP

Office Phone: 701-258-4800

Last Updated: September - 05 - 2024

Information deemed reliable but not guaranteed.