1036 COLLEGE Street N, Fargo, ND 58102

$210,000
Property Type: Multi-Family Square Footage: 2,104 Lot Size (sq. ft.): 7,000 Status: Closed
Current Price: $210,000 List Date: 11/07/2023 Last Modified: 4/30/2025

Overview

Description

Looking for a great investment?! This 3 plex is located in walking distance of NDSU. It's been professionally managed and has been well cared for. The roof was replaced in 2020 and gutters in 2012. Looking to sell in tandem with 1038 College st with the spacious parking out back. Set up your showing today., Total Parking Spaces: 6, Income/Expenses: (Total Income: 26580.00, Management: 0.00, Utilities: 5400.00, Maintenance: 1500.00, Wages: 0.00)

Listing Details MLS# 7368517

General Property Information

Lot Measurement
Square Feet
Lowest Rental Unit
Garden Level
Multiple PIDs?
No
Year Built
1907
Yearly/Seasonal
Yearly
Above Ground SqFt
1404
Below Grd Total SqFt
700
Total SqFt
2104
Lot Size SqFt
7000
Total Finished Sqft
2104.00
Garage Stalls
2
Lot Dimensions
50X140
Assessment Pending
No
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0

Property Features

Financing Terms: Conventional Fuel: Oil Owner Pays: Heat Showing Requirements: Appointment Only Tenant Pays: Electricity

Contract Information

Digitally Altered Photos
No
Exclusions
equipment in garages. Tenants personal property.
Off Market Date
2023-11-17
Contingency
None
Closed Date
2023-12-29
Original List Price
215000
ListPrice
215000
Sales Close Price
210000
Auction?
No

Location Tax and Other Information

House Number
1036
Street Name
COLLEGE
Street Suffix
Street
Street Direction Suffix
N
Postal City
Fargo
County
Cass
State
ND
Zip Code
58102

Assessments

Assessment Balance
4714.77
Assessment Installment
603.69
Assessments Paid Seller
0
Drain Assessment
0

Building Information

Finished SqFt Above Ground
1404
Finished SqFt Below Ground
650

More Information

Income and Expenses

Annual Gross Income
26580
Annual Insurance Expense
1400
Annual Maintenance Expense
6900
Total Annual Expenses
12706

Ownership

Fractional Ownership
No

Unit 1

Furnished?
N
Leased?
Y
Unit Number
Yes
Annual Rent
7200
Finished SqFt
650
Monthly Rent
600
No. of Units Like This
Yes
Total Bedrooms
2

Unit 2

Furnished?
N
Leased?
Y
Unit Number
2
Annual Rent
11580
Finished SqFt
780
Monthly Rent
965
No. of Units Like This
Yes
Total Bedrooms
3

Unit 3

Furnished?
N
Leased?
Y
Unit Number
3
Annual Rent
7800
Finished SqFt
550
Monthly Rent
650
No. of Units Like This
Yes
Total Bedrooms
2

Unit Details

Total Units
3

Office/Member Info

Association
FMR

Location, Tax and Other Information

High School
Fargo North
Map Page
999
Municipality
Fargo
School District
Fargo
Map Coordinate Source
RETS
Country
US
Property ID Number
01164001050000
Square Footage Source
Other
Tax Year
2022
Tax Amount
2191.3
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Looking for a great investment?! This 3 plex is located in walking distance of NDSU. It's been professionally managed and has been well cared for. The roof was replaced in 2020 and gutters in 2012. Looking to sell in tandem with 1038 College st with the spacious parking out back. Set up your showing today., Total Parking Spaces: 6, Income/Expenses: (Total Income: 26580.00, Management: 0.00, Utilities: 5400.00, Maintenance: 1500.00, Wages: 0.00)

Financing Terms

Conventional
Yes

Fuel

Oil
Yes

Owner Pays

Heat
Yes

Showing Requirements

Appointment Only
Yes

Tenant Pays

Electricity
Yes
IDX
Listing Office: Raboin Realty
Last Updated: April - 30 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Starts in :

00
Days
00
Hours
00
Minutes
00
Seconds