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Property Note
**PRICE REDUCED!**
4-UNIT APARTMENT BUILDING FOR SALE
410 2nd Ave. SE - Bowman, ND
PRICE REDUCED: $249,000
Property Note: Investment opportunity in Bowman, ND! This complex is a 4-unit apartment building, each unit consists of 2 bedrooms and 1 bathroom, living room and kitchen. Each unit also comes with it's own storage closet located right outside their door. Shared laundry in the building for ease of living! Additional single car garage, storage shed, and carport are also located on the property, as well as a parking lot for tenants. Contact Ali to schedule a private viewing! Viewings will be by appointment only.
Contact: Ali Pierce at 701.206.1046 or ali@pifers.com, or Pifer’s Auction & Realty at 701.523.7366 for more information and a complete catalog.
Property Information:
Address: 410 2nd Ave SE, Bowman, ND
Building: 1968
Sq. Ft.: 3240 (1st and 2nd story)
Heating: Hot water boiler heat - Basic maintenance has been done on the unit - New valve replaced December 2022
Cooling: Window AC in each unit
Water: City Water and City Sewer (Average $100/month for entire building)
Electricity: MDU (Averages $100/month for entire building when fully occupied)
Taxes (2021): $1,514.63
Upper Level: 2 Units located on upper level - both 2 bedroom, 1 bathroom.
Ground Level: 2 Units located on ground level - both 2 bedroom, 1 bathroom. Shared laundry located on this level. (Unit 4 is the smallest unit in the building)
Occupancy: Currently this apartment building is 50% occupied. Rent per unit is currently $625/unit.
Updates: New windows have been installed within the past 2 years, new flooring have been installed in some of the units, as well as general updates to living and kitchen areas.
Property Overview
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