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
Agency Name: REALTY XPERTS
Agency Phone: 701-356-5300
Shown By
Agent Name: Aruna G Hagen & Poonam Budhiraja 701-552-1706
701-552-2937
aruna.g.hagen@gmail.com motivated827@gmail.com
Agent Phone: (701) 552-1706
Estimated Payment
$ 1,926.20 per month $1,385.12 Principal & Interest $444.83 Property Tax $96.25 Homeowner's InsuranceBetter Homes and Garden Real Estate
Advantage One
3260 Veterans Blvd S #103
Fargo, ND 58104
701-235-1750