For Sale: Moorhead MLS# 6517989
Active
$235,000
Commercial: Apartments
Built 1940
0.18 acres
Moorhead schools
MLS# 6517989
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Property Description
Stellar 6 plex in great location next to school, shopping, and downtown Moorhead/Fargo! Unit mix of a 4 bedroom 2 bath house unit with garage, and 5 one bedroom units. Consitent cash flow with great value add opportunity for the price!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$235,000
Property Type:
Commercial
City:
Moorhead
Garage Spaces:
1
County:
Clay
Year Built:
1940
State:
MN
Property Style:
Apartments
Zip Code:
56560
Subdivision Name:
Brendemuhls 1st Add
Exterior
Garage Spaces:
1
Other Parking Spaces:
7
Foundation Size:
2,610 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Parking Lot
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.18
Geolocation:
46.882496, -96.763987
Inclusions:
Building
Lot Dimensions:
20 x 70
Zoning:
Residential-Multi-Family
Schools
School District:
152
District Phone:
218-284-3300
Expenses
Annual Gross Expense:
$16,850
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,518
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,518
Income
Annual Gross Income:
$38,433
Rent
Annual Net Income:
$16,850
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Baumbach Real Estate LLC.
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.