726-728 31st Street N, Fargo, ND 58102

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Overview

Description

Great Investment Opportunity in North Fargo! This well-maintained slab-on-grade duplex offers two spacious units, each with 3 bedrooms, 2 bathrooms, and identical single-level floor plans. Both units are currently rented, making it a turnkey addition to your investment portfolio. Each unit also includes its own garage for added convenience. Contact your favorite Realtor today to schedule a private showing!

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1976
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 2016
Above Ground SqFt: 2016
Total SqFt: 2016
Foundation Size: 2016
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2016.00
Garage Stalls: 2
Lot Dimensions: 62x126
Acres: 0.17

Property Features

Accessible: No Stairs External Assumable Loan: Not Assumable Basement: Other Construction Status: Previously Owned Disclosures: Seller's Disclosure Available Existing Financing: Conventional Exterior: Brick/Stone; Vinyl Financing Terms: Conventional Foundation: Other Fuel: Electric Heating: Baseboard Lock Box Type: Supra Owner Pays: Insurance; Trash Collection Possession: At Closing Sewer: City Sewer/Connected Showing Requirements: 24 Hour Notice; Appointment Only; Lockbox; See Remarks; Showing Service Stories: One Tenant Pays: Electricity; Heat; Water Unit 1 Cooling: Wall Unit 2 Cooling: Wall Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Exclusions: Tenants Personal Property
Off Market Date: 2025-05-15
Contingency: None
Closed Date: 2025-06-09
Original List Price: 289900
ListPrice: 289900
Sales Close Price: 282500
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 726-728
Street Name: 31st
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Model Cities

Assessments

Assessment Installment: 114.44
Drain Assessment: 70.44
Tax With Assessments: 3091.23

Building Information

Finished SqFt Above Ground: 2016

More Information

Income and Expenses

Annual Electric Expense: 26.74
Annual Gross Expenses: 5465
Annual Gross Income: 28740
Annual Insurance Expense: 757
Annual Maintenance Expense: 700
Annual Trash Expense: 350
Total Annual Expenses: 5465

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 14100
Finished SqFt: 1008
Full Baths: Yes
Monthly Expense: 160
Monthly Rent: 1175
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 14640
Finished SqFt: 1008
Full Baths: Yes
Monthly Expense: 160
Monthly Rent: 1220
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit Details

Total Units: 2