2905 7 Avenue N, Fargo, ND 58102 - Moving Fargo Moorhead

2905 7 Avenue N, Fargo, ND 58102

$286,000

20230812_130830

Property Type: Multi-Family Square Footage: 3,832 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $286,000 List Date: 8/23/2023 Last Modified: 4/30/2025

Overview

Description

Discover the perfect addition to your investment portfolio with this exceptional 4-Plex. This property presents an outstanding chance to generate consistent rental income while capitalizing on the thriving local rental market. Call today for your own private showing., Income/Expenses: (Total Income: 2000.00, Management: 0.00, Utilities: 2582.00, Maintenance: 2650.00, Wages: 0.00)

Listing Details MLS# 7368550

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Year Built: 1979
Yearly/Seasonal: Yearly
Above Ground SqFt: 1916
Below Grd Total SqFt: 1916
Total SqFt: 3832
Lot Size SqFt: 7405
Total Finished Sqft: 3832.00
Garage Stalls: 4
Lot Dimensions: 142x53
Assessment Pending: No
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0

Property Features

Financing Terms: Conventional Tenant Pays: Electricity; Other

Contract Information

Digitally Altered Photos: No
Exclusions: Tenants personal property
Off Market Date: 2023-10-20
Contingency: None
Closed Date: 2024-01-05
Original List Price: 286000
ListPrice: 286000
Sales Close Price: 286000
Auction?: No

Location Tax and Other Information

House Number: 2905
Street Name: 7
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102

Assessments

Assessment Balance: 98
Assessment Installment: 19.63
Drain Assessment: 82.98
Assessments Paid Seller: 0

Building Information

Finished SqFt Above Ground: 1916
Finished SqFt Below Ground: 1916

More Information

Income and Expenses

Annual Gross Income: 2000
Annual Insurance Expense: 978
Annual Maintenance Expense: 5232
Total Annual Expenses: 12866

Ownership

Fractional Ownership: No

Unit 1

Furnished?: N
Leased?: N
Unit Number: Yes
Annual Rent: 6000
Finished SqFt: 900
Monthly Rent: 500
No. of Units Like This: 4
Total Bedrooms: 2

Unit Details

Total Units: 4

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: 01202000170000
Tax Year: 2022
Tax Amount: 3532.08
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Discover the perfect addition to your investment portfolio with this exceptional 4-Plex. This property presents an outstanding chance to generate consistent rental income while capitalizing on the thriving local rental market. Call today for your own private showing., Income/Expenses: (Total Income: 2000.00, Management: 0.00, Utilities: 2582.00, Maintenance: 2650.00, Wages: 0.00)

Financing Terms

Conventional: Yes

Tenant Pays

Electricity: Yes
Other: Yes

Listing Office: Century 21 FM 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.

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