1106 18TH Street S, Moorhead, MN 56560

Overview

Description

Motivated seller! Updated, fully rented 4-plex close to MSUM, shopping and all amenities with great rental history! All units have 2 bedrooms, 1 full bath, kitchen, dining area and a living room. Wall AC units in both upper-level units. Each unit has its own storage closet on the upper level, and has its own parking spot in the back. Plenty of street parking on both sides of the streets right in front.2 coin-operated washers and 2 dryers are included! Currently 1 of each are plugged in and function well. If ever go out simply plug in another set!3 units updated within the last 3 years; 1 unit updated in 2018. Brand new electrical panels up to current code requirement. Agent related to seller. 24 hour notice to tenants required so contact your favorite realtor for a showing now!, Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Total Parking Spaces: 4, Income/Expenses: (Total Income: 28469.00, Management: 1800.00, Utilities: 6726.00, Maintenanc ... (Read more)

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Year Built: 1961
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Above Ground SqFt: 1836
Below Grd Total SqFt: 1836
Total SqFt: 3672
Lot Size SqFt: 8400
Total Finished Sqft: 3672.00
Lot Dimensions: 70 x 120
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Garage Stalls: 0

Property Features

Exterior: Metal Financing Terms: Cash Fuel: Natural Gas Heating: Hot Water; Steam Roof: Asphalt Shingles Sewer: City Sewer/Connected Showing Requirements: Appointment Only; Showing Service Unit 1 Appliances: Electric Water Heater Unit 1 Cooling: Window Unit 2 Appliances: Electric Water Heater Unit 2 Cooling: Window Unit 3 Appliances: Electric Water Heater Unit 3 Cooling: Window Unit 4 Appliances: Electric Water Heater Unit 4 Cooling: Window Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Exclusions: None
Off Market Date: 2023-07-22
Contingency: None
Closed Date: 2023-08-18
Original List Price: 275000
ListPrice: 260000
Sales Close Price: 252000
Auction?: No

Location Tax and Other Information

House Number: 1106
Street Name: 18TH
Street Suffix: Street
Street Direction Suffix: S
Postal City: Moorhead
County: Clay
State: MN
Zip Code: 56560

Assessments

Assessment Balance: 2652
Assessments Paid Seller: 0

Building Information

Finished SqFt Above Ground: 1836
Finished SqFt Below Ground: 1836

More Information

Income and Expenses

Annual Gross Income: 28469
Annual Insurance Expense: 3656
Annual Maintenance Expense: 13526
Total Annual Expenses: 14249

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
Annual Rent: 7800
Finished SqFt: 880
Monthly Rent: 650
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Annual Rent: 7800
Finished SqFt: 880
Monthly Rent: 650
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2

Unit 3

Furnished?: No
Leased?: No
Unit Number: 3
Annual Rent: 7800
Finished SqFt: 880
Monthly Rent: 650
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2

Unit 4

Furnished?: No
Leased?: No
Unit Number: 4
Annual Rent: 7800
Finished SqFt: 880
Monthly Rent: 650
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2

Unit Details

Total Units: 4

Office/Member Info

Association: FMR

Location, Tax and Other Information

High School: Moorhead
Legal Description: ROMKEY PARK ADD Lot 011 Block 009
Map Page: 999
Municipality: Moorhead
School District: Moorhead
School District Phone: 218-284-3300
Map Coordinate Source: RETS
Country: US
Property ID Number: 586890470
Square Footage Source: County Records
Tax Year: 2023
Tax Amount: 3800
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Motivated seller! Updated, fully rented 4-plex close to MSUM, shopping and all amenities with great rental history! All units have 2 bedrooms, 1 full bath, kitchen, dining area and a living room. Wall AC units in both upper-level units. Each unit has its own storage closet on the upper level, and has its own parking spot in the back. Plenty of street parking on both sides of the streets right in front.2 coin-operated washers and 2 dryers are included! Currently 1 of each are plugged in and function well. If ever go out simply plug in another set!3 units updated within the last 3 years; 1 unit updated in 2018. Brand new electrical panels up to current code requirement. Agent related to seller. 24 hour notice to tenants required so contact your favorite realtor for a showing now!, Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Total Parking Spaces: 4, Income/Expenses: (Total Income: 28469.00, Management: 1800.00, Utilities: 6726.00, Maintenance: 5000.00, Wages: 0.00), Unit 2 Kitchen: 1, Unit 3 Kitchen: 1, Unit 4 Kitchen: 1, Unit 1 Kitchen: 1
Directions: Google Map is correct!

Exterior

Metal: Yes

Financing Terms

Cash: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes
Steam: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Showing Requirements

Appointment Only: Yes
Showing Service: Yes

Water

City Water/Connected: Yes

Unit 1 Appliances

Electric Water Heater: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Appliances

Electric Water Heater: Yes

Unit 2 Cooling

Window: Yes

Unit 3 Appliances

Electric Water Heater: Yes

Unit 3 Cooling

Window: Yes

Unit 4 Appliances

Electric Water Heater: Yes

Unit 4 Cooling

Window: Yes