1105 11th Street N, Fargo, ND 58102
- $330,000
- 6
- BD
- 4
- BA
- 6,864
- SqFt
- List Price
- $330,000
- Status
- ACTIVE
- Days on Market
- 155
- MLS#
- 7051084
- Subtype
- Residential Income
- Year Built
- 1965
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 6,864
- Acres
- 0.16
- Subdivision
- Chapins - Hanches
Property 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.
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Additional Information
- Taxes
- $5,338
- Zoning
- Residential-Multi-Family
- Heating
- Baseboard
- Stories
- Split Entry (Bi-Level)
- Levels
- Split Entry (Bi-Level)
- Roof
- Architectural Shingle
- School District
- Fargo
- High School
- Fargo North
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Listing courtesy of REALTY XPERTS.
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