For Sale: Moorhead MLS# 6798505
Active
NEW!
$200,000
Multi-family: Four Plex
Built 1916
2,478 sqft • 0.26 acres
Moorhead schools
MLS# 6798505
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Property Description
This fully rented 4-plex is a solid addition to any portfolio. The property features two stories with a total of four units – each offering 1 bedroom and 1 bathroom. Two units are located on the main level, with two additional units upstairs. Tenants enjoy a well-maintained property with a nice concrete driveway, ample parking area, and a 2-stall garage for convenience.
With all four units currently occupied, this property is already cash-flowing and provides immediate income for the next owner. Whether you’re looking to expand your investment portfolio or get started in multi-family ownership, this is a turnkey option that’s hard to beat.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$200,000
Price per sq ft:
$81
Property Type:
Multi-family
City:
Moorhead
Garage Spaces:
2
County:
Clay
Year Built:
1916
State:
MN
Property Style:
Four Plex
Zip Code:
56560
Subdivision Name:
Whites 2nd Add
Interior
Finished Area:
2,478 ft2
Living Area:
2,478 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
440 ft2
Foundation Size:
1,386 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
- Concrete
- Detached
- Parking Lot
Exterior Material:
Vinyl Siding
Roof Details:
Architectural Shingle
Lot & Land
Acres:
0.26
Geolocation:
46.869721, -96.77311
Lot Dimensions:
75 x 150
Zoning:
Residential-Multi-Family
Schools
School District:
152
District Phone:
218-284-3300
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,611
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,812
Income
Annual Gross Income:
$26,700
Units
Total Units:
4
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of REAL (1531 FGO).
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.