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29483987
29483995

3 2nd St SE, Kulm, ND 58456 For Sale

JJ
ND 8748, MN 40630462
RE/MAX Now
Listed by RE/MAX Now
$374,000
173 days on market
Updated 68 days ago

Turn Key 6 Plex

Details
APN 351307140
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,832
Net Rentable (SqFt) 6,832
Units 6
Occupancy 100%
Price per SqFt $55
Broker Co-Op Yes
Class B
Year Built 1900
Year Renovated 2014
Lot Size (SqFt) 12,800
Zoning C1 (TBD)

Multifamily | 6 Units | $62,333/unit

Marketing description

This fully occupied and well-maintained 6-unit apartment building in Kulm, North Dakota presents an excellent opportunity for investors seeking cash flow in a rural rental market. The property features six spacious 2-bedroom, 1-bathroom apartments, each equipped with in-unit washer and dryer hookups, providing convenience and long-term tenant appeal. The entire building underwent a full renovation in 2014, offering updated interiors and reduced near-term capital expenditure concerns. In addition to the residential units, the property includes a three-stall garage, with each stall separately rented for storage, creating an additional income stream. Whether you are expanding an existing portfolio or acquiring your first multi-family property, this turn-key 6-plex offers a chance to own a solid income-producing asset. Call today to view.

Investment highlights

  1. 100% Occupied

  2. Desirable Unit Mix
    Six spacious 2-Bedroom / 1-Bathroom

  3. In-Unit Laundry Hookups
    Washer and dryer hookups in every unit.

  4. Extensively Renovated (2014)
    Building was fully renovated, offering modernized interiors and minimizing near-term capital expenditure requirements.

  5. Multiple Income Streams
    Includes a three-stall garage, with each stall leased separately for storage.

  6. Turn-Key Investment Opportunity
    Well-maintained property.

  7. Attractive Rural Market Dynamics
    Located in Kulm, ND, .

Listing Contacts

JJ
ND 8748, MN 40630462
RE/MAX Now
Listed by RE/MAX Now

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Additional Information

Name
James Jensen
License
8748
Brokerage
RE/MAX Now
Brokerage Phone
701-845-0782
Title
Associate Broker
Brokerage Address
145 Central Avenue North
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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