1023 S 3rd St, Bismarck, ND 58504

Are you looking for a great investment property... here it is ! Check out this 8 plex apartment building with a maintenance free brick exterior. Convenient location to Kirkwood Mall, restaurants, businesses, etc. There have been many updates to these apartments. The rents per month are as follows: $756, $765, $806, $765, $724, $840, $765. One apartment is currently vacant. The total rent currently received with 7 apartments rented is $5,421 per month. If the last apartment was rented at $765 the total rent would be $6,186 per month. (This building fully rented is a good investment using the 1% rule.) There is a professional property management company that handles everything. They will need to give a 24 - 48 hour notice to the tenants for all showings. The parking lot is shared with 3 other apartment buildings. This is the furthest South apartment building. Coin operated Washers and Dryers on each level... 2 washers, 2 dryers with income approx $404 per month. There is new carpet in the hallways and new paint. Most of the individual apartments have been updated. New Security System.