Courtesy: 252683
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.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Kulm is located in North Dakota. Kulm, North Dakota has a population of 490. Kulm is more family-centric than the surrounding county with 33.33% of the households containing married families with children. The county average for households married with children is 29.74%.
The median household income in Kulm, North Dakota is $80,417. The median household income for the surrounding county is $63,594 compared to the national median of $69,021. The median age of people living in Kulm is 33.2 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 2 degrees. The average rainfall is approximately 20.5 inches per year, with 41.4 inches of snow per year.
