Sold: Fargo MLS# 6596308
Sold
$795,000 (list price)
$725,000
Commercial: Apartments
Built 1946
0.37 acres
MLS# 6596308
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Property Description
LOCATION, LOCATION, LOCATION! This charming property is nestled between two very nice apartment buildings and is just one block from Island Park, commonly referred to as the most beautiful area in all of Fargo. With the new Island Park Pool being completed in 2025, it will bring even more vibrancy to the location. The property itself boasts 11 1-bedroom and 2 2-bedroom units, all uniquely designed giving the property a ton of character. With its great rental history, fantastic location, and endless upside potential, this is an investors dream priced at just 61k/unit. Call your favorite Realtor and line up a showing today!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$795,000
Sold Price:
$725,000
Sold Date:
11/15/2024
Property Type:
Commercial
City:
Fargo
Garage Spaces:
0
County:
Cass
Year Built:
1946
State:
ND
Property Style:
Apartments
Zip Code:
58103
Subdivision Name:
Original Townsite
Exterior
Garage Spaces:
0
Other Parking Spaces:
10
Air Conditioning:
Window Unit(s)
Foundation Size:
1 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Asphalt
Exterior Material:
Aluminum Siding
Lot & Land
Acres:
0.37
Geolocation:
46.871146, -96.791
Inclusions:
Building
Lot Dimensions:
90X160
Zoning:
Residential-Multi-Family
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$8,252
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,743
Units
Total Units:
13
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of KW Inspire Realty Keller Williams.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.