Mandan, ND 58554,506 1st AVE NW
Mandan, ND 58554,506 1st AVE NW
Mandan, ND 58554,506 1st AVE NW
12
Listed by Jesse I Clooten Better Homes and Gardens Real Estate Alliance Group
Bought with Brandon R Steckler Realty One Group - Encore
$260,000
$264,000
1.5%
Est.Price: ?

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5 BD
3 BA
2,592 SqFt

506 1st AVE NW Mandan, ND 58554

Est. payment /mo
SOLD DATE : 03/10/2025

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Capital Real Estate Partners

Capital Real Estate Partners

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Key Details

Sold Price $260,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $100

MLS Listing ID 4016948

Sold Date 03/10/25

Style Apartment Style,Two-Story

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1939

Annual Tax Amount $2,343

Lot Size 7,000 Sqft

Acres 0.16

Lot Dimensions 50x140

Property Sub-Type Triplex

Property Description

This fully occupied triplex brings in $2,800 per month in gross rent with tenants paying their own electric. Anchor tenant maintains the lawn and snow removal. The exterior is completely maintenance-free with steel siding, and the units inside have been previously updated. The upper unit has two bedrooms with one bath. The main unit is a two bedroom one bath with access to a fully fenced yard. The lower unit is a one bedroom one bath with private laundry in the unit. There is also a detached two stall garage that the upper and main unit share. All units have dishwashers, private entrances, and off-street parking. All tenants are responsible for their own electricity. The units are currently managed by Clooten Property Management. Six months of free prepaid management services will be included in the sale to the buyer. Due to all units being currently occupied, a pre-qualification letter will be required before a showing can be scheduled. Contact your favorite agent to schedule a showing today!

Location

State ND

County Morton

Area Mandan City

Direction West on Main Ave. North on 1st Avenue. House is on the Right

Rooms

Basement Full

Interior

Interior Features See Remarks

Heating Forced Air, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Vinyl, Carpet, Laminate

Fireplace No

Exterior

Exterior Feature Rain Gutters

Parking Features Off Street

Garage Spaces 2.0

Fence Back Yard, Chain Link, Full

Utilities Available Sewer Connected, Natural Gas Connected, Water Connected, Trash Pickup - Public, Cable Available, Electricity Connected

Roof Type Shingle

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Lot Description Rectangular Lot

Story Two

Sewer Public Sewer

Water Public

Architectural Style Apartment Style, Two-Story

Structure Type Steel Siding

Schools

Middle Schools Mandan

High Schools Mandan High

Others

HOA Fee Include None

Tax ID 65-2888000

Acceptable Financing No Seller Finance

Listing Terms No Seller Finance

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