Primary on Main
Address
201 3rd Street S, New Salem, ND
Price
$ 515,000
Property Attributes
- MLS#4013061
- TypeSingle Family
- CountyMORTON
- CityNew Salem
- AreaOutlying Towns
- Zip58563
- StyleApartment Style,Patio Home/Slab on Grade
- Year Built1971
- Taxes$ 4114
- Price$ 515,000
- Bedrooms12
- Full Bathrooms13
- Half Bathrooms1
- Sqr Footage8784
- Lot Size1.1227 Acres
Data Source:
Bismarck Mandan BOR (BMBOR)
Property Description
What an EXCELLENT opportunity to purchase a quality, well built, WELL MAINTAINED, fully rented 13-plex investment property just 25 miles west of Mandan. Monthly income is $7,700 increasing to $7,850/mo in June, crushing the 1 percent rule! This property includes an ADDITIONAL HALF ACRE of land for potential future development as well. In the last 10 years the updates have been numerous: All new windows, gutters, exterior doors, two hot water heaters and attic insulation was added. Maybe most significantly, a huge investment has been made with a new concrete parking lot and sidewalks all around the property. All units are fully rented. The 13th unit is a VERY large studio that used to be used for community gatherings. This bathroom in the 13th unit has just finished undergoing a bathroom upgrade. Management company recommendations are available upon request. Property includes a coin operated laundry and a shed. Buyer to verify all information. Please contact your favorite REALTOR today to take a look!
| Price History | |
|---|---|
| 5/2/2024 | Listed $515,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Boiler |
| Cooling | Wall/Window Unit(s) |
| Appliances | Dryer,Range,Refrigerator,Washer |
| Garage | No |
| Zoning | Residential |
| HOA | No |
| Architctural Style | Apartment Style,Patio Home/Slab on Grade |
| County | Morton |
| Levels | One |
| Property Type | A |
| Area | Outlying Towns |
| Sub Area | Outlying Towns SW |
| Accessibility Features | Yes |
| Tax Year | 2023 |
| Status | Active |
| Lot Sqft | 48905.00 |
| Construction Materials | Brick |
| Included | shed,coin operated washers and dryers |
| Sub Type | Multi Family |
| Year Built | 1971 |
| Directions | Take I-94 west to exit 127,south on 8th St N to Ash Ave. and turn left on Ash Ave,then turn right onto 3rd St N. |
| City | New Salem |
| Taxes | 4114.35 |
| Middle School | Other |
| Geo Lat | 46.841022 |
| Legal Description | NEW SALEM PROPER BLK:28LOTS 1 THRU 13 & LOT 32 |
| High School | Other |
| Elementary School | Other |
| Geo Lon | -101.408899 |
| Street Name | 3rd |
| Coming Soon | What an EXCELLENT opportunity to purchase a quality,well built,WELL MAINTAINED,fully rented 13-plex investment property just 25 miles west of Mandan. Monthly income is $7,700 increasing to $7,850/mo |
Interior Features
| Interior Features | Main Floor Bedroom |
|---|---|
| Basement | None |
| Fireplace | No |
| Total Baths | 14.00 |
| Half Baths | 1 |
| Total Full Baths | 3 |
| Total 3/4 Baths | 10 |
| Finished Below Grade SqFt | 0.00 |
| Total Finished SqFt | 8784.00 |
| List Price/SqFt | 58.63 |
| Total 1/4 Baths | 0.00 |
Exterior Features
| Exterior Features | Other |
|---|---|
| Lot Features | Level,Rectangular Lot |
| Lot Dimensions | -- |
| Water Source | Public |
| Parking Features | Off Street,Parking Lot |
| Street Type | Street |
| MLS Identifier | 20210629130222546002000000 |
| Lot Acres | 1.1227 |
| Street Number | 201 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 58563
Price
Taxes
Visits
Year Built
Tax and special assessment figures are provided by the listing companies and are usually from the most recent tax bill, but buyer should verify amounts with appropriate governmental departments for accuracy and future estimates. New construction listings often have incomplete or no information on tax or special assessment estimates provided by listing companies, so they must be verified. Figures do not reflect any pending, proposed, or future special assessments which may be levied by governmental
The information being provided by Bismarck Mandan Board of Realtors is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Bismarck Mandan Board of Realtors and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced
Grand Forks Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the MMLS, Inc. Real estate listings other than provided by this office are marked with the Broker Reciprocity IDX logo and the view of information about them includes the name of the listing broker. Information is being provided 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.
Badlands Board of REALTORS® (BNDBOR). All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Legendary Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.
Last Updated: May 19, 2024 3:37 PM UTC
