819 5Th St, Bismarck, ND 58501

This 4-unit apartment building, located at 819 N 5th Street in Bismarck, North Dakota, presents a compelling investment opportunity. The property, built in 1885, boasts a total of 2,703 square feet situated on a 0.16-acre lot (50' x 140'). The building features three currently rented 1-bedroom, 1-bathroom units generating monthly rental income of $700, $575, and $525 respectively. One unit is vacant, offering potential for immediate occupancy or additional rental income. The asking price is $130,000, translating to $64.74 per square foot. The property is zoned RM30 and offers convenient alley access. Its central location places it near Will-moore Elementary, Bismarck High School, and just north of downtown Bismarck. The property is being sold "as is." 2023 property taxes totaled $2,718.55, with special assessments of $1,020.21 (installments) and a balance of $6,121.31. Prospective buyers must be pre-qualified before scheduling a showing, providing 48-hour notice. Showings are available weekdays between 8 am and 5 pm. The APN is 0025-063-060. This property offers a blend of established rental income and potential for future growth in a desirable Bismarck location.