202 5Th StGlen Ullin, ND 58631

Property Details for 202 5Th St

Zone code

ETZ

Property type

Other commercial real estate

APN

63-0376000

APU

630376000

Description

This well-maintained, 13-unit apartment building presents a compelling investment opportunity in Glen Ullin, North Dakota. Located at 202 5th St, this single-story, 1962-built property sits on a 0.65-acre lot and is zoned for commercial use. Currently, thirteen units are available, with one currently used as a shared laundry facility. This laundry facility could easily be relocated to existing storage space, creating an additional rental unit. Adding to the income potential, two units are successfully operated as short-term rentals, catering to seasonal workers and travelers. The building boasts various updates and amenities, attracting both long-term and short-term tenants. This property offers a strong net operating income (NOI) and flexibility in rental options, ensuring stable cash flow and potential for growth. The high demand for housing from seasonal workers in the area further enhances the investment appeal. This is a unique chance to acquire a profitable multifamily property in a growing market. The property's location in Morton County, zip code 58631, provides easy access to local amenities and services. This turnkey operation is ready for a new owner to capitalize on its existing success and further expand its potential.

Location Insight

City

Glen Ullin

County

Morton

State

North Dakota

Latitude

46.8144

Longitude

-101.836

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].