NOT LISTED FOR SALE

1023 S 3rd St Bismarck, ND 58504

Wachter Neighborhood
16 Beds
8 Baths
7,878 Sq Ft
0.3 Acres

Last Sold October 18, 2022

10 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • Balcony
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2022

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.

Last Agent to Sell the Property

Kathy Feist

BIANCO REALTY, INC. License #1652 Listed on: 09/12/2022

Last Buyer's Agent

Kathy Feist

BIANCO REALTY, INC. License #1652 Listed on: 09/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1975

Lot Details

  • 0.3 Acre Lot
  • Rectangular Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Window Egress
  • Range with Range Hood

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Additional Parking
  • Parking Lot

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Meadow Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0591-014-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Architectural Style: Apartment Style
  • Directions: Located on South 3rd St. just South of Bismarck Expressway. South of Kirkwood Mall.
  • Unit Levels: Two
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1975
  • Subdivision Name: Meadow Valley
  • Above Grade Finished Sq Ft: 3939.0
  • Fireplace: No
  • Garage Yn: No
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl2: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Source Public: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Linoleum: Yes
  • Cooling WallWindow Unit(s): Yes
  • Levels Two: Yes
  • Flooring Laminate: Yes
  • Architectural Style Apartment Style: Yes
  • Special Features: None

Interior Features

  • Has Basement: Egress Windows, Finished
  • Flooring: Vinyl, Carpet, Laminate, Linoleum
  • Appliances: Dryer, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 16
  • Interior Amenities: See Remarks
  • Full Bathrooms: 8
  • Below Grade Sq Ft: 3939.0
  • Basement Finished: Yes
  • Appliances:Range Hood: Yes
  • Basement:Egress Windows: Yes
  • Appliances Range: Yes
  • Interior Features:See Remarks10: Yes

Exterior Features

  • Construction Type: Wood Siding, Brick
  • Exterior Features: Balcony
  • Lot Features: Level, Rectangular Lot
  • Roof: Shingle
  • Acres: 0.3
  • General Property Information:Accessibility Features: No
  • Construction Materials:Brick2: Yes
  • Lot Features:Rectangular Lot: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking Features: Parking Lot, No Garage, Additional Parking
  • Attached Garage: No
  • General Property Information:Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 71 x 180-190
  • Lot Size Sq Ft: 13229.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0591-014-008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5800.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2022 10/18/22 Sold -- -- --
09/22/2022 09/22/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $625,000 -- $79 / Sq Ft
Source: Bismarck Mandan Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathy Feist

    BIANCO REALTY, INC.

    (701) 220-1100

    6 in this area

    101 Total Sales

    Kathy Feist
    Section Image
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Map

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 4004160

North Dakota Burleigh County Bismarck 58504 Wachter

1023 S 3rd St, Bismarck, ND

This home is located at 1023 S 3rd St, Bismarck, ND 58504 since 12 September 2022. This property was built in 1975. 1023 S 3rd St is a home located in Burleigh County with nearby schools including Dorothy Moses Elementary School, Wachter Middle School, and Bismarck High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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