201 3rd Street S
New Salem
- 12 Bedrooms
- 14 Bathrooms
- 8784 Square Feet
- Apartment Style,Patio Home/Slab on Grade
- 1.1227 Lot Size (Acres)
- Car Garage
- Built in 1971
- MLS #4013061
- Driveway
- Brick
Property Details
- Main Finished 8784 Square Feet
- Upper Finished 0 Square Feet
- Lower Finished 0 Square Feet
- 0 Square Feet Basement
- 8784 Square Feet Above Grade
- Total 8784 Square Feet
Features
- Other Elementary School
- Other Middle School
- Other High School
- Public Water/Sewer
- shed, coin operated washers and dryers Included
- Boiler Heat/Cool
- Fuel
- None Basement
- None Basement
Other Information
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!
- 4114 Taxes
- Special Balance 0
- Special Installments 0
- Zoning Residential
- NEW SALEM PROPER BLK:28LOTS 1 THRU 13 & LOT 32
- Listed by WILL GARDNER, CENTURY 21 Morrison Realty