3221 Montreal Street Exterior

3221 Montreal Street, Bismarck ND

This well-maintained multi-family investment property offers a solid opportunity for investors seeking stable income and long-term value. The property features a 17,120 SF building situated on a spacious 57,290 SF lot, providing ample parking.

The asset consists of 16 residential units, each separately metered, allowing for efficient utility management and reduced owner expenses. Tenants benefit from in-unit washer and dryer hookups, complemented by on-site coin-operated laundry, enhancing convenience and additional income potential.

Parking is a standout feature with 17 single-car garage stalls, offering excellent coverage for tenants and added rental appeal. With strong fundamentals, practical amenities, and efficient operations, this property presents a compelling opportunity for both seasoned and first-time multifamily investors.

3221 Montreal Street, Bismarck ND

This well-maintained multi-family investment property offers a solid opportunity for investors seeking stable income and long-term value. The property features a 17,120 SF building situated on a spacious 57,290 SF lot, providing ample parking.

The asset consists of 16 residential units, each separately metered, allowing for efficient utility management and reduced owner expenses. Tenants benefit from in-unit washer and dryer hookups, complemented by on-site coin-operated laundry, enhancing convenience and additional income potential.

Parking is a standout feature with 17 single-car garage stalls, offering excellent coverage for tenants and added rental appeal. With strong fundamentals, practical amenities, and efficient operations, this property presents a compelling opportunity for both seasoned and first-time multifamily investors.

Additional Information

• 16 Units
• Multi Family Investment
• 17 Single Car Garage Stalls
• Units Separately Metered
• In-Unit Washer & Dryer Hook Ups Available
• Coin Operated Washer & Dryers

Gallery

The Details

Tax ID: 0797-003-050

Year Built: 1989

Legal: NORTH HILLS 5TH Block: 3 LOT 2 LESS FOLLOWING PT LOTS1-2 BEG @ NW COR BLK 3 TH NELY312.63’ S52.76’ TH S 49.20’ TH SELY7’

Building Size: 17,120 SF

Price: $1,650,000.00

Lot Size: 57,290 SF

Zone: RM20 - Res Multi Fam-20 Unit/Acre

Founder, Associate Broker, CCIM, Commercial REALTOR®, Partner