1331 Villard St W, Dickinson, ND 58601

Property Description

Exceptional & Interesting investment opportunity in the heart of Dickinson! This well-maintained four-unit apartment property is ideally located on Villard Street and offers decent income potential with commercial zoning and an excellent central location. Each one-level unit features 2 bedrooms, 1 or 2 bathrooms, a refrigerator, and a stove. Newly renovated bathroom in one unit. Two units are currently leased to long term tenants, owner resides in 4th unit. Built in 1958, the property has seen important updates including replacement windows, water heater and a roof approximately 15 years old. A commercial laundry area services three of the units, adding convenience. Qualified buyers only. Situated on a generous 11,050 sq. ft. lot with ample off-street parking and an asphalt parking lot installed in 1990. Included in the sale are 5 refrigerators, 4 stoves, some window treatments, commercial washer and dryer, personal washer and dryer, one portable and two wall/window A/C units, garden shed, and an upright freezer. Three units rented out currently at 600/700/800 per month for gross annual rental income of $25,200. A rare opportunity to own an income-producing property in a highly desirable Dickinson location!