1114 UNIVERSITY Drive N, Fargo, ND 58102

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Overview

Description

Location, location, location! Nice 4-plex just down the road from NDSU. This college property has a great rental history with total gross rents of $37,320! Would make a great first investment property. Seller may consider Contract for Deed to qualified Buyer. Call your favorite Realtor and line up a showing today! Owner/Agent.

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1905
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1940
Above Ground SqFt: 1940
Below Grd Total SqFt: 1940
Total SqFt: 3880
Foundation Size: 1940
Lot Size SqFt: 7000
Style: (MF) Four Plex
Total Finished Sqft: 3880.00
Lot Dimensions: 50x140
Assessment Pending: Unknown

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Fiber Board Financing Terms: Conventional Foundation: Concrete Block Fuel: Electric Heating: Baseboard Lock Box Type: Combo Possession: At Closing Rental License Type: Standard Roof: Asphalt Shingles Sewer: City Sewer/Connected Showing Requirements: Call Listing Agent Stories: Two Tenant Pays: Electricity; Heat Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Off Market Date: 2024-09-13
Contingency: None
Closed Date: 2024-11-08
Original List Price: 300000
ListPrice: 260000
Sales Close Price: 241000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 1114
Street Name: UNIVERSITY
Street Suffix: Drive
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102

Assessments

Assessment Balance: 782.29
Assessment Installment: 216.55
Drain Assessment: 85.42
Tax With Assessments: 4481.07

Building Information

Finished SqFt Above Ground: 1940
Finished SqFt Below Ground: 1940

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 15550
Full Baths: Yes
Monthly Rent: 1295
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 4
Total Rooms: Yes

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 8340
Full Baths: Yes
Monthly Rent: 695
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: Yes

Unit 3

Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 8340
Full Baths: 2
Monthly Rent: 695
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: Yes

Unit 4

Furnished?: No
Leased?: Yes
Unit Number: 4
Annual Rent: 5940
Full Baths: Yes
Monthly Rent: 495
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: Yes

Unit Details

Total Units: 4