Multi Family Home

2046 125th Avenue NW

Watford City, ND 58854

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PendingMLS® 4022673
$1,115,000
2046 125th Avenue NW, Watford City, ND 58854
Bds 9980 Ba 0 Sq.Ft. 8.98 Ac
Description

**Investment Opportunity!!** Discover the potential of this remarkable 8.89-acre property, offering the perfect blend of peaceful seclusion and strategic accessibility. Located just 7.6 miles from the vibrant community of Watford City, North Dakota, this site is ideal for attracting both short-term and long-term tenants. The property includes two 3,944-square-foot buildings, each containing 39 studio-style units featuring combined living and sleeping areas with private bathrooms. An on-site office and laundry facility provide added convenience for occupants. Additional structures include an 896-square-foot pump house that services a private well and a 1,196-square-foot storage unit with a 14' x 12' overhead door, offering ample space for equipment or supplies. The property also includes a private septic field, with optional access to water treatment infrastructure. Significantly, the existing septic and well systems have been designed to allow for expansion, with the potential to support up to 40 additional units—an excellent opportunity for investors looking to scale operations. The property has also benefited from a number of recent upgrades, including new roofs, a new septic system, new doors and flooring, repaired siding, and road improvements, making it a low-maintenance and move-in-ready investment. Situated in close proximity to Watford City and the thriving Bakken Oilfield, this location ensures easy access to essential amenities and one of North Dakota's most active economic regions. Whether you're seeking steady rental income or long-term growth potential, this property offers a compelling opportunity in a rapidly developing area. Don't miss your chance to own a high-potential investment in a strategic location. Contact your preferred REALTOR® today to learn more or schedule a private tour.

Interior
  • Flooring Laminate
  • A/C Wall/Window Unit(s)
  • Heating Electric
Exterior and Construction
  • Exterior Barn(s), Utility Building
  • Style Apartment Style
  • Roofing Metal
  • Construction One
Utilities
  • Sewer Septic System, Private Sewer, Septic Tank
  • Utilities Trash Pickup - Public, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Well
Land and Lot
  • Lot size 8.98 acres (391,169 sq ft)
  • Lot description Lot - Owned, Rectangular Lot
Location and Zoning
  • Road/Access Private Road
  • County McKenzie
  • Zoning Section 19: Twp: 149: Rng : 98: Block: Lot : Deeded Acres IT#2344 PT SENE &NESE, 063-63-00-9475
Schools
  • School District McKenzie County Public School District 1
Tax and Legal
  • Annual tax $3,508
  • Tax year 2024
  • Parcel number 063-63-00-9475
  • Legal description Section 19: Twp: 149: Rng : 98: Block: Lot : Deeded Acres IT#2344 PT SENE &NESE
Parking and Garage
  • Garage Garage Faces Front, Parking Lot

Listing Information

Listing Agent
Theda C Durham
Listing Office
eXp Realty

Information is from sources deemed reliable but it should not be relied upon without independent verification. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Location
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