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1914-2012 Divide E Avenue, Bismarck, ND 58501
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$1,500,000
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Home Details for 1914-2012 Divide E Avenue
Price
$1,500,000
Type
Commercial/Industrial
Year Build
1972
Sq. Ft.
21384
Lot Size
0.84
County
Burleigh
Garage
19
Basement
Finished
Tax
$16,387
MLS®️ Listing#
4007907
On exitrealty.com
630 days
Property Description
Are you looking for an Amazing Investment Property that is in fantastic shape?
1914 DIVIDE AVE E (6-PLEX),
2004 DIVIDE AVE E (6-PLEX),
2012 DIVIDE E (6-PLEX) ALL INCLUDED WHAT A GREAT DEAL!
$185,700 approx. Yearly projected income in April of 2025, 99% is month-to-month leases & excellent tenants
Do not miss out on this 18-unit apartment complex for 55 or older people. It is one of the best investments you can make.
This complex includes three 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, a large living room, built-in closets, a display cabinet, two bedrooms, and a full bath. Unit one in 1914 changed the storage room into an additional non-conforming bedroom. Therefore, units 1 in 2004 and 2012 have substantial storage rooms. Other units have shared storage rooms.
The buildings have a brick maintenance-free exterior, are 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 pays its own electrical bills and features 2 bedrooms, 1 full bathroom, a nice-sized living room, and a dining area. Coin-operated washers and dryers are included.
The unit is conveniently located close to healthcare, shopping, restaurants, DQ, the state capital, and more.
The apartment complex has an excellent rental history and is always fully occupied. The 18-plex is a significant investment; all 3 buildings are being sold together for a great price. Each building on RPR shows values on the rise for $702,000 (APPROX.) for each building and is increasing based on similarity, so this is one of the best investments with 100% occupancy.
Call agent for additional information.
DON'T MISS OUT ON THIS INCREDIBLE INVESTMENT!
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- Utilities
- Water Connected
- Electricity Connected
- Cooling Information
- Wall/Window Unit(s)
- Heating Information
- Boiler
- Water Features
- Public
- Basement
- Finished
Listing Courtesy: BIANCO REALTY, INC. - 701-224-1100. Presented by: Tori Meyer
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Great North MLS. IDX information is provided exclusively for consumers' personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Great North MLS. All Rights Reserved.
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EXIT PREMIER REALTY
1411 West Dakota Pkwy, Williston, ND 58801
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$1,500,000
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EXIT PREMIER REALTY
1411 West Dakota Pkwy, Williston, ND 58801