For Sale: Moorhead MLS# 6778067
Active
NEW!
$225,000
Commercial: Apartments
Built 1910
0.35 acres
Moorhead schools
MLS# 6778067
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Property Description
Investor Alert! Income-Generating 7-Plex – Priced to Sell!
Looking to break into the rental market or expand your portfolio? This well-maintained 7-unit multifamily property is a golden opportunity you won’t want to miss. Featuring 5 efficiency apartments and 2 spacious 1-bedroom, 1-bathroom units, this property offers steady cash flow and excellent tenant appeal.
Conveniently located near colleges, parks, and major amenities, it’s perfectly positioned for high rental demand. Tenants will appreciate the ample parking, and you'll appreciate the strong return on investment this property delivers.
With a competitive price and unbeatable potential, this is your chance to step into a profitable real estate venture. Schedule your showing today!
Total rents are $3100 a month.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$225,000
Property Type:
Commercial
City:
Moorhead
Garage Spaces:
0
County:
Clay
Year Built:
1910
State:
MN
Property Style:
Apartments
Zip Code:
56560
Subdivision Name:
Whites 2nd Add
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
7
Foundation Size:
1,588 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
Gravel
Shared Amenities:
Coin-op Laundry Owned
Exterior Material:
Wood Siding
Lot & Land
Acres:
0.35
Geolocation:
46.869518, -96.774091
Inclusions:
Building
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Schools
School District:
152
District Phone:
218-284-3300
Expenses
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,475
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,726
Units
Total Units:
7
Miscellaneous
Current Use:
Commercial
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
Water System:
City Water/Connected
Mortgage Calculator
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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 Krabbenhoft Real Estate Team.
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.