Property Listing
Description
Cash-flowing 4-plex in North Fargo with a strong income history. Property previously generated approximately $3,155/month in rental income. With two units recently vacated, this provides the next owner the opportunity to set rents at current market rates. Property features a desirable unit mix of two 2-bedroom units and two 1-bedroom units, offering flexibility and consistent tenant demand. Estimated cap rates of 8% at projected stabilized rents, with additional upside through rent optimization. Clean, functional interiors and a classic brick exterior make this a solid addition to any investment portfolio conveniently located near downtown Fargo, NDSU, and major amenities. Ideal for investors seeking both immediate leasing opportunity and long income growth.
Property Information
Status: Active
Sub Type: ********
List Price: $330,000
MLS#: 7051084
Current Price: $330,000
Address: 1105 11th Street N, Fargo, ND 58102
City: Fargo
State: ND
Postal Code: 58102
Geo Lat: 46.888875
Geo Lon: -96.79512
Subdivision: Chapins - Hanches
County: Cass
Property Description
Year Built: 1965
Lot Size SqFt: 6534
Gen Tax: 5338
Specials Inst: 14440
High School: Fargo
Square Ft. Source:
Above Grade Finished Area: 3432
Below Grade Finished Area: 3432
Below Grade Unfinished Area:
Total SqFt.: 6864
Style: Array
Total Bedrooms: 6
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: