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.
Listed By
Broker Name: REALTY XPERTS
Broker Phone: 701-356-5300
Shown By
Broker Title: Lakes Partners
Broker Phone: 218-790-1468
Estimated Payment
$ 1,275.52 per month $734.44 Principal & Interest $444.83 Property Tax $96.25 Homeowner's InsuranceSend an email with a link to
1105 11th Street N, Fargo, ND 58102.
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