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Active
$225,000
/mo Edit
Commercial:  Apartments
Built 1940
0.18 acres
Moorhead schools
MLS# 6517989
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    Property Description

    Stellar 6 plex in great location next to school, shopping, and downtown Moorhead/Fargo! Unit mix of a 4 bedroom 2 bath house unit with garage, and 5 one bedroom units. Consitent cash flow with great value add opportunity for the price!

    Listing

    Contingency: None
    City: Moorhead
    County: Clay
    State: MN
    Property Style: Apartments
    Zip Code: 56560
    Subdivision Name: Brendemuhls 1st Add

    Exterior

    Garage Spaces: 1
    Other Parking Spaces: 7
    Foundation Size: 2,610 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: Parking Lot
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.18
    Geolocation: 46.882496, -96.763987
    Inclusions: Building
    Lot Dimensions: 20 x 70
    Zoning: Residential-Multi-Family

    Schools

    School District: 152
    District Phone: 218-284-3300

    Expenses

    Annual Gross Expense: $16,850

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,518
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,518

    Income

    Annual Gross Income: $38,433

    Rent

    Annual Net Income: $16,850

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Baumbach Real Estate LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.