Pending: West Fargo MLS# 7044664
Pending
$415,000
Multi-family: Fourplex
8 br • 4 ba • Built 1960
3,825 sqft • 0.35 acres
MLS# 7044664
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Property Description
4-plex with $4, 205 in gross rents! Tenants pay ALL utilities. All units are currently leased long term.
What makes this 4-plex unique:
1. All units are separately parceled (potential for condos in the future)
2. All units have In-Unit laundry
3. All units have private yards (2 are fenced in)
4. All units are ground level with private entries
5. Owner is not responsible for ANY utilities
Could take advantage of a house hack opportunity or leverage as a strict investment regarding the fact that this one goes above and beyond the 1% rule.
Owner/Agent
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$415,000
Price per sq ft:
$108
Property Type:
Multi-family
City:
West Fargo
Garage Spaces:
0
County:
Cass
Year Built:
1960
State:
ND
Property Style:
Fourplex
Zip Code:
58078
Subdivision Name:
Eastridge 1st
Interior
Bedrooms:
8
Bathrooms:
4
Finished Area:
3,825 ft2
Living Area:
3,825 ft2
Refrigerators:
Four
Basement Details:
Crawl Space
Exterior
Stories:
One and One Half
Garage Spaces:
0
Foundation Size:
1,913 ft2
Fencing:
Partial
Handicap Accessible:
Other
Heating System:
Forced Air
Parking Features:
Gravel
Roof Details:
Asphalt
Rooms
Laundry:
In Unit
Lot & Land
Acres:
0.35
Geolocation:
46.87231, -96.891627
Lot Dimensions:
85 x 180 x 85 x 180
Addl Parcels:
02020000060020, 02020000060030, 02020000060040
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
472
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,720
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,964
Income
Annual Gross Income:
$50,460
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$29,460
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
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.
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Listing provided by RMLS,
courtesy of REAL (3961 WF).
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.