Welcome to this exceptional investment opportunity located close to Minnesota State University Moorhead (MSUM). This well-maintained 4-plex features two 2-bedroom units and two 1-bedroom units, generating a total monthly rental income of $2,500 with low monthly owner expenses. Tenants pay for their own heating and electricity, ensuring cost-efficient management for the owner. Situated on a desirable corner lot, this property boasts four new water heaters and renovated common areas. With its prime location near MSUM, ample parking, and easy access to local amenities, this 4-plex offers excellent value. Don't miss out on this fantastic investment opportunity!
MLS# | 6555900 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1951 |
Days On Site | 110 |
Listing Provided By | eXp Realty (3523 FGO) | Adam Lockwood |
SQ Feet | 3,282 |
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Basement | Y |
Story(s) | 2 |
Units | 4 |
Acreage | 0.24 |
State | MN |
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County | Clay |
City | Moorhead |
Zip Code | 56563 |
Community Name | Schreibers Add |
School District | 152 |
Listing VS Median (in Schreibers Add) | |
Price: $259,500 low | high Med: $248,500 SqFt: 3,282 low | high Med: 2,897 $ / SqFt: $79 low | high Med: $87 On Site: 110 low | high Med: 99.500000 |