333 Interstate Avenue W

Bismarck, ND 58503

MLS ID# 4004298 Closed
Multi Family

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Closed $2,950,000

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• Description
• Contract Information
• Legal, Tax and Other Information
• General Property Information
• Details

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. 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. N... show more

Contract Information

• Buyer Agent Broker Commission 3%

Legal, Tax and Other Information

• Taxes 11704
• Tax Year 2021
• Specials Installment 81
• Specials Balance 81
• Pending Specials No
• Zoning RM
• Parcel ID 0555-001-070
• Legal Description Washington Heights Block 1, Lots 14-15 + Part Vac Interstate Ave Adj to Lot 14

General Property Information

• Property Sub Type Multi Family
• Lot SqFt 29499
• Lot Acres 0.6772
• Lot Dimensions Irregular
• Year Built 1971
• Total Unfinished SqFt 0
• Finished Above Grade SqFt 26036
• Finished Below Grade SqFt 13018
• Total Finished SqFt 39054
• Garage No
• Accessibility Features No
• Fee No

Details

• Business Type

  Other

• Cooling

  Ceiling Fan(s), Wall/Window Unit(s)

• Heating

  Baseboard, Hot Water

• Construction Materials

  Concrete, Steel Siding

• Roof

  Composition, Flat, Rubber

• Architectural Style

  Apartment Style

• Levels

  Three Or More

• Flooring

  Carpet, Laminate, Vinyl

• Foundation

  Concrete Perimeter

• Basement

  Concrete, Daylight, Egress Windows, Finished, Full, Interior Entry, Storage Space, Walk-Out Access

• Exterior Features

  Keyless Entry, Private Entrance

• Fencing

  Chain Link, Partial

• Electric

  Fuses

• Water Source

  Public

• Sewer

  Public Sewer

• Utilities

  Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Trash Pickup - Public

• Tenant Pays

  Cable TV, Electricity

• Fee Includes

  None

• Included

  Ceiling Fan(s), Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Keyless Entry, Microwave Hood, Oven, Range, Refrigerator, Security System, Washer, Window Treatments

• Road Frontage Type

  City Street

• Amenities

  Ground Floor Unit, Manager on Premises, Pets Allowed

• Listing Terms

  1031 Exchange, Conventional, Owner May Carry

• Possession

  Close Of Escrow

• Lot Features

  Corner Lot, Lot - Owned

• Parking Features

  Assigned, Parking Lot

• Patio And Porch Features

  # of Decks:12, # of Patios:5