1002 N 5th Street N, Fargo, ND 58102

General Property Information

Lot Measurement: Acres
Lowest Rental Unit: Below Grade
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1250
Above Ground SqFt: 2405
Below Grd Total SqFt: 900
Total SqFt: 3305
Foundation Size: 900
Style: (MF) Four Plex
Total Finished Sqft: 2855.00
Garage Stalls: 3
Lot Dimensions: 49.5x140
Acres: 0.15

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Assumable Loan: Not Assumable Basement: Brick/Mortar Construction Materials: Brick Construction Status: Previously Owned Disclosures: Seller's Disclosure Available Electric: Circuit Breakers Existing Financing: Cash Exterior: Slate Fencing: None Financing Terms: Conventional Flooring: Carpet; Laminate Foundation: Brick/Mortar Fuel: Electric Heating: Baseboard Internet Options: None Laundry: Common Area Lock Box Type: Supra Lot Description: Corner Lot Owner Pays: Common Area Maintenance; Exterior Maintenance; Gas; Hot Water; Insurance; Lawn; Repairs; Sewer; Taxes; Trash Collection; Water Pool Description: None Possession: At Closing Road Frontage: None Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer - In Street Showing Requirements: Call Listing Agent Stories: Two Tenant Pays: Electricity; Heat Topography: Other Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Informal Dining Room Unit 1 Family Room Characteristics: Main Level Unit 1 Fireplace Char: Wood Burning Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Unit 4 Appliances: Range; Refrigerator Unit 4 Cooling: Window Water: City Water - In Street

Contract Information

Digitally Altered Photos: No
Exclusions: Tenants property
Off Market Date: 2024-08-06
Contingency: None
Closed Date: 2024-08-30
Original List Price: 289900
ListPrice: 284900
Sales Close Price: 279900
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 1002
Street Direction Prefix: N
Street Name: 5th
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Truesdells 2nd

Assessments

Assessment Balance: 8639
Assessment Installment: 386
Tax With Assessments: 4779
Assessments Paid Seller: 0

Basement

Foundation Dimensions: 30x30
Brick/Mortar: Yes

More Information

Building Information

Finished SqFt Above Ground: 2405
Finished SqFt Below Ground: 450

Income and Expenses

Annual Electric Expense: 3301
Annual Gross Expenses: 7114
Annual Gross Income: 2095
Annual Insurance Expense: 2091
Annual Net Income: 18026
Annual Water/Sewer Expense: 1722
Total Annual Expenses: 7114
Annual Caretaker Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 600

Unit 1

Furnished?: No
Lease Expiration Date: 2024-05-28
Leased?: Yes
Level: Main Level
Unit Number: Yes
# of Fireplaces: Yes
Annual Rent: 9000
Finished SqFt: 1000
Full Baths: Yes
Monthly Rent: 750
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2024-05-28
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 5940
Finished SqFt: 400
Full Baths: Yes
Monthly Rent: 495
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit 3

Furnished?: No
Lease Expiration Date: 2024-05-28
Leased?: Yes
Unit Number: 3
Annual Rent: 5100
Full Baths: Yes
Monthly Rent: 425
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit 4

Furnished?: No
Lease Expiration Date: 2024-05-28
Leased?: Yes
Unit Number: 4
Annual Rent: 5100
Finished SqFt: 450
Full Baths: Yes
Monthly Rent: 425
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit Details

Total Units: 4

Office/Member Info

Association: FMR

Location, Tax and Other Information

Legal Description: TRUESDELLS 2ND LOT 12 BLK 1
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 1981
Property ID Number: 01328000120000
Square Footage Source: Listing Agent
Tax Year: 2023
Tax Amount: 4779
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great location and close to hospital. Seller recently completed basement repair work. Good rental history. Owner hasn't raised rents in several years and are low. Owner agent. Newer roof, windows, and facia. Updated electrical panels.Each unit has it's own panel and pays own heat/lights with their electric. Coin operated laundry. Well kept property. Unit 3 currently vacant and has new carpet and paint on top floor. Units are month to month
Directions: North on Broadway right on 10th ave N

Accessible

None: Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Brick: Yes

Construction Status

Previously Owned: Yes

Disclosures

Seller's Disclosure Available: Yes

Electric

Circuit Breakers: Yes

Existing Financing

Cash: Yes

Exterior

Slate: Yes

Fencing

None: Yes

Financing Terms

Conventional: Yes

Flooring

Carpet: Yes
Laminate: Yes

Foundation

Brick/Mortar: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Internet Options

None: Yes

Laundry

Common Area: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Gas: Yes
Hot Water: Yes
Insurance: Yes
Lawn: Yes
Repairs: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Enclosed: Yes
Front Porch: Yes
Rear Porch: Yes

Pool Description

None: Yes

Possession

At Closing: Yes

Road Frontage

None: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes

Sewer

City Sewer - In Street: Yes

Showing Requirements

Call Listing Agent: Yes

Stories

Two: Yes

Topography

Other: Yes

Water

City Water - In Street: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

Electricity: Yes
Heat: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Informal Dining Room: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Unit 1 Fireplace Char

Wood Burning: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Cooling

Window: Yes