202 16th Street

Moorhead, MN 56563

About this property

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!

About this property

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!

Features and Additional Information

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$259,500 Active
3,282 SQFT

Presented By Coldwell Banker Crown Park Rapids

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Get in touch today! Phone: 1-218-732-3381
Brokerage
eXp Realty (3523 FGO)
1-612-751-9303
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Area Information

| Clay County | Schreibers Add

$ 259,500
This listing is play_arrow 4.4% higher than the average in the area
$ 248,500 in the area
3,282 SqFt
This listing is play_arrow 13.3% larger than the average in the area
2,897 SqFt in the area
$ 79 $/SqFt
This listing is play_arrow 8.9% less than the average in the area
$ 87 $/SqFt in the area
117 days on site
This listing is play_arrow 9.9% above the average in the area
107 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Moorhead
Listed By Adam Lockwood
Brokerage: eXp Realty (3523 FGO)

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