Seller's Agent in 2023
Tori Meyer
BIANCO REALTY, INC.
(701) 212-8931
3 in this area
173 Total Sales
302 E D Ave Bismarck, ND 58501
Capital District Neighborhood
7
Beds
5
Baths
2,712
Sq Ft
3,450
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- Corner Lot
- Cooling System Mounted To A Wall/Window
- Loft
- Walk-In Closet
- 5-minute walk to Trinity Lutheran Water Fountain
About This Home
As of September 2023Investors Welcome!!
Are you looking for an AMAZING Investment Property close to downtown Bismarck (CENTRAL LOCATION) with reliable tenants with a great return in investment of $2,975 IN RENT PER MONTH? This is the ONE to INVEST in! This property has 3 rental units. UNIT #1....RENT 1 YEAR LEASE: upper-level access stairs outside. Loft efficiency style bedroom no closet + 1 bath (3/4) tile shower completely renovated with fresh coat of paint, separate kitchen area with mini fridge, Wall-ac, and countertop stove. UNIT #2....RENT....1 YEAR LEASE : Main level has had same renter for SEVERAL years and appreciates the location, and this unit is spacious & they have no intention of ever leaving 3 bed + 2 bath (full bath) one is Claw Soaker Tub with shower, other full bathroom has laundry, Large Kitchen with full appliances fridge, dishwasher, stove, huge living room & a massive enclosed porch used as storage this unit includes central air. UNIT #3....RENT ... LEASE IS 4 MONTHS: Basement 3 bed + 1 (FULL) bath, 1 (3/4) BATH one of the bedrooms have a huge closet, this cute daylight basement apartment has a Full kitchen no dishwasher, with a nice sized living room a storage space. A washer and dryer are included on the main level & basement the upper level has no washer & dryer. MONTHLY RENT ROLL HISTORY IS INCREDIBLE BECAUSE OF THE LOCATION: TOTAL IS $2,975. Utilities run owner approx. 7000 a year including heat (MDU), water garbage. Tenants pay their own electrical and take care of lawn & snow removal. The sellers are finishing the steps in the front & adding more support to stairs. Look at the attached info sheet for additional information. Location is awesome and near the State Capitol, Hospitals, and Downtown Shops- here is a great opportunity to own profitable investment property. Each unit has separate entrances, recent updates throughout like flooring, paint and cabinets, freshly painted exterior and has a Newer Shingles. If this is the property for you, call to TURN YOUR INVESTMENT INTO THE BEST INVESTMENT!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,095
Year Built
- Built in 1920
Lot Details
- 3,450 Sq Ft Lot
- Lot Dimensions are 50x69
- Corner Lot
Parking
- No Garage
Home Design
- Triplex
- Shingle Roof
- Stucco
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Room
- Loft
Kitchen
- Cooktop
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
Finished Basement
- Walk-Out Basement
- Natural lighting in basement
Outdoor Features
- Breezeway
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Baseboard Heating
- Natural Gas Connected
- Water Purifier is Owned
Listing and Financial Details
- Assessor Parcel Number 0025-061-035
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | -- | -- | -- | |
| 05/31/2023 05/31/23 | For Sale | $274,900 | +21.9% | $101 / Sq Ft | |
| 02/20/2015 02/20/15 | Sold | -- | -- | -- | View Prior Sale |
| 01/14/2015 01/14/15 | Pending | -- | -- | -- | |
| 11/25/2014 11/25/14 | For Sale | $225,500 | -- | $83 / Sq Ft |
Source: Bismarck Mandan Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,701 | $128,600 | $15,000 | $113,600 |
| 2023 | $3,628 | $128,600 | $15,000 | $113,600 |
| 2022 | $3,096 | $121,500 | $15,000 | $106,500 |
| 2021 | $3,093 | $114,750 | $14,000 | $100,750 |
| 2020 | $2,901 | $109,750 | $9,000 | $100,750 |
| 2019 | $2,641 | $105,000 | $0 | $0 |
| 2018 | $2,044 | $105,000 | $9,000 | $96,000 |
| 2017 | $1,987 | $105,000 | $9,000 | $96,000 |
| 2016 | $1,987 | $105,000 | $4,000 | $101,000 |
| 2014 | -- | $72,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tori Meyer
-
F
Seller's Agent in 2015
FRAN JOERSZ
BIANCO REALTY, INC.
-
T
Buyer's Agent in 2015
THOMAS LIES
VENTURE REAL ESTATE
Map
Source: Bismarck Mandan Board of REALTORS®
MLS Number: 4007825
Nearby Homes