BEDS0
BATHS
SQUARE FEET6,864
MLS#7051084
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONChapins - Hanches
SCHOOLFargo
Property Description
Cash-flowing 4-plex in North Fargo with a strong income history. Property previously generated approximately $3,155/month in rental income. With two units recently vacated, this provides the next owner the opportunity to set rents at current market rates. Property features a desirable unit mix of two 2-bedroom units and two 1-bedroom units, offering flexibility and consistent tenant demand. Estimated cap rates of 8% at projected stabilized rents, with additional upside through rent optimization.Clean, functional interiors and a classic brick exterior make this a solid addition to any investment portfolio conveniently located near downtown Fargo, NDSU, and major amenities. Ideal for investors seeking both immediate leasing opportunity and long income growth.
Property Features
Property Type: Multi Unit - Multiple
Basement: Concrete
Heating: Baseboard
Lot Size: 0.16 Acres
Roof Type: Architectural Shingle
Taxes: $5,338
Year Built: 1965
Feature Descriptions
Foundation Size: 3432
Lot Dimensions: 6900 sq ft
Parcel#: 01044001110000
Sewer: City Sewer - In Street
Shared Rooms: Other
Units: 4
Water: City Water - In Street
Local Schools
High School: Fargo North
School District: Fargo
Listed By / Shown By
Listed By
Agency Name: REALTY XPERTS
Agency Phone: 701-356-5300
Shown By
Agent Name: Gillund Team
Agent Phone:
Agency Title: Beyond Realty
Estimate Your Payment
Estimated Payment
$ 1,275.52 per month $734.44 Principal & Interest $444.83 Property Tax $96.25 Homeowner's Insurance
1105 11th Street N | MLS# 7051084
This multi-family property located at 1105 11th Street N, Fargo, ND 58102 is currently listed for sale with an asking price of $330,000. 11th Street N is located within the Fargo school district. Search Fargo real estate on gillund-team.beyondrealtyfm.com today.