94
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$500,000
Est. payment /mo
6,969 Sqft Lot
Pending
1115/1117/1121 2nd AVE S Fargo, ND 58103
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision Original Townsite
MLS Listing ID 6698091
Year Built 1902
Annual Tax Amount $6,301
Tax Year 2024
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 100X140
Property Description
Motivated Seller...80k Price Drop
10-plex at $50k/unit!
ATTENTION INVESTORS
1115/1117 and 1121 are being offered together for a total of 10 units. This is a classic, operational value-add opportunity. The current owner has already done the heavy lifting—removing problem tenants and turning units rent-ready—positioning the next owner to benefit from increased occupancy and stabilized income. Tenants pay for electric heat at 1115 and 1117.
Offer consists of two multifamily buildings, an ample paved parking lot, plus a 2-car detached garage.
10-plex at $50k/unit!
ATTENTION INVESTORS
1115/1117 and 1121 are being offered together for a total of 10 units. This is a classic, operational value-add opportunity. The current owner has already done the heavy lifting—removing problem tenants and turning units rent-ready—positioning the next owner to benefit from increased occupancy and stabilized income. Tenants pay for electric heat at 1115 and 1117.
Offer consists of two multifamily buildings, an ample paved parking lot, plus a 2-car detached garage.
Location
State ND
County Cass
Zoning Residential-Multi-Family
Interior
Heating Baseboard, Boiler
Inclusions Building, Land, Leases
Fireplace No
Exterior
Parking Features Attached Garage, Concrete, Parking Lot, Unassigned
Garage Spaces 2.0
Utilities Available Electric Common, Electric Separate, Heating Common
Present Use Residential
Building
Story Two
Foundation 3000
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Aluminum Siding
Schools
School District Fargo
Listed by Karen Johanson • Daybreak Property Management, LLC
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