Pending: Fargo MLS# 6783945
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Property Description
CASH COW! Don't miss your chance to own this great 9-plex apartment building just off Main Ave in Downtown Fargo. $71, 460 in gross potential rents and property is currently fully occupied! Separately metered baseboard heat installed in 2005 throughout building. Improvements include new shingles on roof in 2019, new gutters in 2020, and a renovated basement complete with drain tile in 2011. Line up a showing today as this one won't last long!
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$299,000
Property Type:
Commercial
City:
Fargo
Garage Spaces:
0
County:
Cass
Year Built:
1914
State:
ND
Property Style:
Apartments
Zip Code:
58103
Subdivision Name:
Original Townsite
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
3
Foundation Size:
1,300 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
On-Street Parking Only
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.11
Geolocation:
46.874412, -96.795346
Inclusions:
Building
Lot Dimensions:
1 x 1
Zoning:
Residential-Multi-Family
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,688
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,354
Income
Annual Gross Income:
$71,460
Units
Total Units:
9
Miscellaneous
Current Use:
Residential
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
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.