304 6th Avenue NW Mandan, ND 58554

Fully Occupied Triplex - Strong Cash Flow & Recent Updates.Turnkey triplex bringing in $3,600/month in rental income. Built in 1909 and well maintained with recent major updates completed, includingnew roof 2024central A/C 2023new windows 2021Each unit is updated and fully rented with solid tenants. Property includes a two-stall attached, heated garage plus off-street parking for all tenants. Low maintenance and dependable income make this good opportunity for a home owner looking for a a primary residence with rental income.For the investor savvy buyer this 9.2 cap property is right up your alley!Each unit is fully occupied with long-term tenants. Gross Income: $43,200/year Property Taxes: $3,400/year Insurance: $2,000/year Estimated Maintenance/Utilities: $2,500/year Total Estimated Expenses: $8,100/year Net Operating Income (NOI): $35,100/year Asking Price: $385,000 Estimated Cap Rate: ≈ 9.2%Strong cash flow, low maintenance, and recent capital improvements make this a reliable, hassle-free addition to any investment portfolio.The main floor unit is a 4 bed 2 bath with in unit laundry.Unit 2 is a 3 bed 1 bath with in unit Laundry.Unit 3 is a 2 bed 1 bath.The property is professionally managed by Clooten Property Management inc. and a 24 hour notice is required.