Seller's Agent in 2025
Debbie Brumfield
eXp Realty
(970) 640-4006
105 in this area
152 Total Sales
Prime Commercial Investment Opportunity: Fully Leased 5-Plex on Main St
Property Overview:
Discover a lucrative investment opportunity with this fully leased 5-plex located in a prime location on Main St. This property boasts a mix of unit types and has been meticulously maintained and upgraded, ensuring long-term value and tenant satisfaction.
Features:
• 100% Leased: A stable and consistent rental income with all units currently leased.
• Unit Breakdown:
- Two spacious 2-bedroom units
- One cozy 1-bedroom unit
- Two efficient and functional efficiency units
• Three Levels Plus Basement: A versatile layout spread across three levels, with additional living space in the basement.
• Recently Remodeled Units: The basement and main floor units have been tastefully remodeled, offering modern amenities and finishes.
• Updated Systems:
- Modernized plumbing and electrical systems
- New breaker box installed for added safety and reliability
• New Roof: Recently replaced, ensuring the property is well-protected and minimizing future maintenance costs.
• Garage/Shed: A 10'x18' garage/shed in the back provides additional storage or rental potential.
Additional Information:
• Lease Details: Comprehensive lease information is available upon request.
• AirBnB Potential: This property has excellent potential for conversion to short-term rentals, offering even greater income possibilities.
• Showing Notice: Please provide ample notice for showings as tenants have varying schedules.
Don't miss out on this exceptional investment opportunity in a sought-after location. Call today to schedule a viewing and get more details on this prime commercial property.
Last Buyer's Agent
Debbie Brumfield
Bakken Realty - ND
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | Attorney Only | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $83,700 | Commercial | |
| Previous Owner | $76,500 | Future Advance Clause Open End Mortgage |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | -- | -- | -- |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $225,000 | 0.0% | $85 / Sq Ft |
| 08/15/2024 08/15/24 | Pending | -- | -- | -- |
| 07/13/2024 07/13/24 | For Sale | $225,000 | 0.0% | $85 / Sq Ft |
| 06/26/2024 06/26/24 | Pending | -- | -- | -- |
| 06/04/2024 06/04/24 | For Sale | $225,000 | 0.0% | $85 / Sq Ft |
| 06/03/2024 06/03/24 | Off Market | -- | -- | -- |
| 05/27/2024 05/27/24 | For Sale | $225,000 | -- | $85 / Sq Ft |
| 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 | $3,217 | $138,160 | $26,250 | $111,910 |
| 2023 | $2,085 | $80,840 | $0 | $0 |
| 2022 | $2,180 | $83,750 | $0 | $0 |
| 2021 | $2,948 | $125,285 | $26,250 | $99,035 |
| 2020 | $3,029 | $131,500 | $26,250 | $105,250 |
| 2019 | $3,183 | $129,450 | $26,250 | $103,200 |
| 2018 | $2,785 | $124,600 | $26,250 | $98,350 |
| 2017 | $2,492 | $124,600 | $26,250 | $98,350 |
| 2016 | $2,048 | $124,600 | $26,250 | $98,350 |
| 2012 | -- | $64,150 | $2,800 | $61,350 |
Seller's Agent in 2025
Debbie Brumfield
eXp Realty
(970) 640-4006
105 in this area
152 Total Sales
Source: Bismarck Mandan Board of REALTORS®
MLS Number: 4013621
APN: 01-056-00-06-39-000