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2914 7 Street N, Fargo, ND 58102

$289,900
Property Type: Multi-Family Square Footage: 4,088 Lot Size (sq. ft.): 8,322 Status: Closed
Current Price: $289,900 List Date: 9/11/2023 Last Modified: 4/30/2025

Overview

Description

4-plex Investment opportunity in North Fargo! Each unit comes with 2 bedrooms & 1 bathroom with many updates. Some updates includes newer shingles in 2019, mostly all vinyl windows throughout, vinyl siding, off street parking with plug-in & a shared coin operated washer & dryer. You're going to want to add this one to your portfolio!, Income/Expenses: (Total Income: 20492.00, Management: 953.00, Utilities: 3616.00, Maintenance: 6017.00, Wages: 0.00)

Listing Details MLS# 7368551

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Year Built
1959
Yearly/Seasonal
Yearly
Above Ground SqFt
2044
Below Grd Total SqFt
2044
Total SqFt
4088
Lot Size SqFt
8322
Total Finished Sqft
4088.00
Lot Dimensions
73x114
Assessment Pending
No
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Garage Stalls
0

Property Features

Financing Terms: FHA Heating: Hot Water Sewer: City Sewer/Connected Showing Requirements: Appointment Only; Pet(s) on Premises Unit 1 Appliances: Gas Water Heater Unit 2 Appliances: Gas Water Heater Unit 3 Appliances: Gas Water Heater Unit 4 Appliances: Gas Water Heater Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Exclusions
None
Off Market Date
2023-10-23
Contingency
None
Closed Date
2023-12-28
Original List Price
299000
ListPrice
295000
Sales Close Price
289900
Auction?
No

Location Tax and Other Information

House Number
2914
Street Name
7
Street Suffix
Street
Street Direction Suffix
N
Postal City
Fargo
County
Cass
State
ND
Zip Code
58102
Complex/Dev/Subdivision
Lawrence Yunker

Assessments

Assessment Balance
16781
Assessment Installment
1171.04
Drain Assessment
87.98
Assessments Paid Seller
0

Building Information

Finished SqFt Above Ground
2044
Finished SqFt Below Ground
2044

More Information

Income and Expenses

Annual Gross Income
20492
Annual Insurance Expense
1200
Annual Maintenance Expense
10586
Total Annual Expenses
15220

Ownership

Fractional Ownership
No

Unit 1

Furnished?
N
Leased?
N
Unit Number
Yes
Finished SqFt
800
No. of Units Like This
Yes
Total Bedrooms
2

Unit 2

Furnished?
N
Leased?
N
Unit Number
2
No. of Units Like This
Yes
Total Bedrooms
2

Unit 3

Furnished?
N
Leased?
N
Unit Number
3
No. of Units Like This
Yes
Total Bedrooms
2

Unit 4

Furnished?
N
Leased?
N
Unit Number
4
No. of Units Like This
Yes
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
01418100800000
Square Footage Source
County Records
Tax Year
2022
Tax Amount
3621.01
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
4-plex Investment opportunity in North Fargo! Each unit comes with 2 bedrooms & 1 bathroom with many updates. Some updates includes newer shingles in 2019, mostly all vinyl windows throughout, vinyl siding, off street parking with plug-in & a shared coin operated washer & dryer. You're going to want to add this one to your portfolio!, Income/Expenses: (Total Income: 20492.00, Management: 953.00, Utilities: 3616.00, Maintenance: 6017.00, Wages: 0.00)

Financing Terms

FHA
Yes

Heating

Hot Water
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

Appointment Only
Yes
Pet(s) on Premises
Yes

Water

City Water/Connected
Yes

Unit 1 Appliances

Gas Water Heater
Yes

Unit 2 Appliances

Gas Water Heater
Yes

Unit 3 Appliances

Gas Water Heater
Yes

Unit 4 Appliances

Gas Water Heater
Yes
IDX
Listing Office: REAL (3961 WF)
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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