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For Sale:  Moorhead MLS# 7042810

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Active NEW!
$530,000
/mo Edit
Multi-family:  Apartments
4 br • 4 ba • Built 1960
5,312 sqft • 0.22 acres
Mahtomedi schools
MLS# 7042810
763-576-8286
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    Property Description

    Great investment opportunity located directly across the street from MSUM! Two side-by-side 4-plexes for a total of 8 units. Both buildings are slab on grade, with a total of eight large 1 bedroom, 1-bathroom units. Each building also offers 3-stall garages for a total of 6 garage units. 100% occupied with several long-term occupants. Very easy to rent with everything on a single floor (no stairs). New windows, new roof, water heater, boiler, and much more!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $530,000
    Price per sq ft: $100
    Property Type: Multi-family
    City: Moorhead
    Garage Spaces: 6
    County: Clay
    Year Built: 1960
    State: MN
    Property Style: Apartments
    Zip Code: 56560
    Subdivision Name: Romkey Park Add

    Interior

    Bedrooms: 4
    Bathrooms: 4
    Finished Area: 5,312 ft2
    Living Area: 5,312 ft2
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 6
    Foundation Size: 5,312 ft2
    Handicap Accessible: No Stairs External
    Heating System: Boiler

    Lot & Land

    Acres: 0.22
    Geolocation: 46.864782, -96.750956
    Lot Dimensions: 19196

    Schools

    School District: 832
    District Phone: 2182843300

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,125
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,284

    Income

    Annual Gross Income: $60,000

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of CORE Property Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.