1036 COLLEGE Street N, Fargo, ND 58102

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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

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

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

Listing Office: Raboin Realty

Last Updated: April - 30 - 2025

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