727 3RD Street N, Fargo, ND 58102 (MLS# 7368466)

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727 3RD Street N, Fargo, ND 58102

$272,500

Property Type: Multi-Family Square Footage: 3,900 Lot Size (sq. ft.): 5,880 Status: Closed

Current Price: $272,500 List Date: 7/19/2022 Last Modified: 4/30/2025

Overview

Description

5 Units plus extra room in the basement just added with 3/4 bath, closet, and cabinets! Updated 4plex & Updated Rambler close to NDSU & SANFORD on the same lot! 4plex has newer vinyl siding, new sheetrock, updated electrical service, new hot water heaters, drain tile, sump pump, updated bathrooms, kitchens, mix of newer flooring & refinished hardwood floors, newer windows, landscaped, new concrete walking path around 4plex & to house. House has updated kitchen, bathroom, windows, sheetrock, egress added in basement & more! Main flr on rambler listed w/729 sq ft. Main Floor & Upstairs in 4plex listed with 2,070 sq ft. Part of basement in 4plex just finished would be additional sq ft added. 4 Storage lockers recently put in basement could be rented out for addt'l revenue also (needs doors)., Income/Expenses: (Total Income: 3515.00, Utilities: 4944.00)

Listing Details MLS# 7368466

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Year Built: 1902
Yearly/Seasonal: Yearly
Above Ground SqFt: 2659
Below Grd Total SqFt: 1241
Total SqFt: 3900
Lot Size SqFt: 5880
Total Finished Sqft: 3900.00
Assessment Pending: Yes
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Garage Stalls: 0

Property Features

Basement: Concrete Block Exterior: Fiber Board; Vinyl Financing Terms: Conventional Fuel: Electric Sewer: City Sewer/Connected Showing Requirements: Appointment Only Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Exclusions: Tenants Personal Property
Off Market Date: 2023-04-21
Contingency: None
Closed Date: 2023-05-15
Original List Price: 344900
ListPrice: 315000
Sales Close Price: 272500
Auction?: No

Location Tax and Other Information

House Number: 727
Street Name: 3RD
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: LINDSAYS ADDN

Assessments

Assessment Balance: 5516.43
Assessment Installment: 1133.88
Assessments Paid Seller: 0
Drain Assessment: 0

Building Information

Finished SqFt Above Ground: 2659
Finished SqFt Below Ground: 264

More Information

Income and Expenses

Annual Gross Income: 3515
Annual Insurance Expense: 1404
Annual Maintenance Expense: 4944

Ownership

Fractional Ownership: No

Unit Details

Total Units: 5

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: 01176000071000
Tax Year: 2022
Tax Amount: 2530.72
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 5 Units plus extra room in the basement just added with 3/4 bath, closet, and cabinets! Updated 4plex & Updated Rambler close to NDSU & SANFORD on the same lot! 4plex has newer vinyl siding, new sheetrock, updated electrical service, new hot water heaters, drain tile, sump pump, updated bathrooms, kitchens, mix of newer flooring & refinished hardwood floors, newer windows, landscaped, new concrete walking path around 4plex & to house. House has updated kitchen, bathroom, windows, sheetrock, egress added in basement & more! Main flr on rambler listed w/729 sq ft. Main Floor & Upstairs in 4plex listed with 2,070 sq ft. Part of basement in 4plex just finished would be additional sq ft added. 4 Storage lockers recently put in basement could be rented out for addt'l revenue also (needs doors)., Income/Expenses: (Total Income: 3515.00, Utilities: 4944.00)
Directions: 24 HR NOTICE NEEDED

Basement

Concrete Block: Yes

Exterior

Fiber Board: Yes
Vinyl: Yes

Financing Terms

Conventional: Yes

Fuel

Electric: Yes

Sewer

City Sewer/Connected: Yes

Showing Requirements

Appointment Only: Yes

Water

City Water/Connected: Yes

Listing Office: Better Homes and Gardens Real Estate Advantage One

Last Updated: April - 30 - 2025

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