$350,000
$700K PRICE DROP

117 3rd St Center, ND 58530

Estimated payment $1,877/month

Total Views 8,547
7 Beds
4 Baths
9,800 Sq Ft
$36 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • Heating Available

About This Home

Investment Opportunity: Three Cash-Flowing Apartment Complexes in a High-Demand Energy Hub. This 4-unit apartment complex is being sold as a package with 217 Lakota Ave and 218 Lakota Ave for a total of 12 units in Center, ND. All three properties are located next to each other, offering a unique advantage for streamlined management and maintenance. Each building has 3-2 bedroom/1 bath units and 1-1 bed/1 bath unit per building. All buildings/units have been remodeled to look similar. Photos are of the vacant units. Exterior updates include: all new windows, siding, exterior doors, gutters, soffit, facia, roofs, and new a/c units per apartment. Wiring is being worked on for a camera system. There are 2 storage units outside with new vinyl and the parking lot was recently repaired with new asphalt. Other updates: new electrical circuit breaker panels, outlets and switches, LED lights. New dual electric water heaters, electric heating heaters, new A/C units. Interior updates: fresh paint, new flooring, baseboards, casings, doors, kitchen cabinets, appliances, vanities, toilets. In 218 building: new bathtubs and water lines. Each building being sold for 350k, a bundle price of $1,050,000.

Listing Agent

Julianne Horntvedt

Paramount Real Estate License #10452 Listed on: 12/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1970

Lot Details

  • 9,801 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 25165000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$654

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Architectural Style: Apartment Style
  • Directions: 1-94 West, then take ND-25 N to 3rd St in Center. Building is on the left.
  • Unit Levels: Two
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 4900.0
  • Fireplace: No
  • Garage Yn: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Water Source Public: Yes
  • Sewer:Public Sewer: Yes
  • Rooms:Bedroom 2: Yes
  • Rooms:Bedroom 3: Yes
  • Cooling WallWindow Unit(s): Yes
  • Rooms:Bedroom 1: Yes
  • Levels Two: Yes
  • Flooring Laminate: Yes
  • Rooms:Bedroom 4: Yes
  • Architectural Style Apartment Style: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Flooring: Laminate
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Total Bedrooms: 7
  • Interior Amenities: None
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 4900.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: None
  • Lot Features: Rectangular Lot
  • Acres: 0.23
  • Exclusions: tenants personal property
  • General Property Information:Accessibility Features: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Association/Amenities

  • General Property Information:Association: No

Lot Info

  • Lot Dimensions: .
  • Lot Size Sq Ft: 9801.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25165000

Tax Info

  • Tax Annual Amount: 654.0

Map

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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2025 01/26/25 Price Changed $350,000 -66.7% $36 / Sq Ft
12/10/2024 12/10/24 For Sale $1,050,000 +2000.0% $107 / Sq Ft
02/12/2021 02/12/21 Sold -- -- -- View Prior Sale
01/24/2021 01/24/21 Pending -- -- --
05/12/2020 05/12/20 For Sale $50,000 -- $15 / Sq Ft
Source: Bismarck Mandan Board of REALTORS®

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 4017110