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$374,000

12 Beds 6 Baths 6,832 SQFT 0.29 Acres
Type: Commercial

3 2nd Street SE
Kulm, ND 58456

MLS#: 7012042
Lisa Przybilla
Lisa Przybilla
The Real Estate Advantage
Agent
Phone: 763.670.7502
Office: 763.755.1100
Presented by: RE/MAX Now (Valley City)

Property 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.


 

Interior Features

Bedrooms

Total Bedrooms12

Bathrooms

Total Baths6

Other Interior Features

BasementEgress Window(s), Finished, Sump Pump
Basement (Y/N)Yes
Foundation Dimensions74' X 30'
FuelElectric

General

AccessibilityNone
Additional Parcels Y/NNo
CityKulm
ContingencyNone
CoolingDuctless Mini-Split
CountyLaMoure
Current UseResidential
DirectionsIt's a block south of First Community Credit Union
Garage Spaces3
Gross Income61800
HeatingBaseboard
High School DistrictKulm
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsSquare Feet
New ConstructionNo
Number Of Units Total6
PostalCityKulm
Property TypeCommercial Sale
RoofMetal, Unspecified Shingle
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$2,800
Tax Year2025
UtilitiesElectric Separate
Year Built2014
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total6,832 sqft
Foundation Area2,277 sqft
InclusionsBuilding
Lot Dimensions80'x160'
Lot FeaturesCorner Lot
Lot Size Area12,800 sqft
Parking FeaturesDetached Garage
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$374,000

12 Beds 6 Baths 6,832 SQFT 0.29 Acres
Type: Commercial

3 2nd Street SE
Kulm, ND 58456

MLS#: 7012042
Lisa Przybilla
Lisa Przybilla
The Real Estate Advantage
Agent
Phone: 763.670.7502
Office: 763.755.1100