1038 COLLEGE Street N, Fargo, ND 58102
$225,000
Property Type:
Multi-Family
Square Footage:
1,856
Lot Size (sq. ft.):
7,000
Status:
Closed
Current Price:
$225,000
List Date:
11/07/2023
Last Modified:
4/30/2025
Overview
Description
Listing Details MLS# 7368518
General Property Information
- Lot Measurement
- Square Feet
- Multiple PIDs?
- No
- Year Built
- 1921
- Yearly/Seasonal
- Yearly
- Above Ground SqFt
- 1856
- Total SqFt
- 1856
- Lot Size SqFt
- 7000
- Total Finished Sqft
- 1856.00
- Garage Stalls
- 2
- Lot Dimensions
- 50X140
- Assessment Pending
- No
- Bath Three Quarters
- 0
- Bath Half
- 0
- Bath Quarter
- 0
- Below Grd Total SqFt
- 0
Property Features
Financing Terms:
Conventional
Fuel:
Electric
Showing Requirements:
Appointment Only
Tenant Pays:
Electricity; Other
Contract Information
- Digitally Altered Photos
- No
- Exclusions
- None
- Off Market Date
- 2023-11-17
- Contingency
- None
- Closed Date
- 2023-12-29
- Original List Price
- 250000
- ListPrice
- 250000
- Sales Close Price
- 225000
- Auction?
- No
Location Tax and Other Information
- House Number
- 1038
- Street Name
- COLLEGE
- Street Suffix
- Street
- Street Direction Suffix
- N
- Postal City
- Fargo
- County
- Cass
- State
- ND
- Zip Code
- 58102
Assessments
- Assessment Balance
- 5063.54
- Assessment Installment
- 603.71
- Assessments Paid Seller
- 0
- Drain Assessment
- 0
Building Information
- Finished SqFt Above Ground
- 1856
More Information
Income and Expenses
- Annual Gross Income
- 29400
- Annual Insurance Expense
- 1580
- Annual Maintenance Expense
- 5700
- Total Annual Expenses
- 14500
Ownership
- Fractional Ownership
- No
Unit 1
- Furnished?
- N
- Leased?
- N
- Unit Number
- Yes
- Annual Rent
- 7620
- Finished SqFt
- 600
- Monthly Rent
- 635
- No. of Units Like This
- Yes
- Total Bedrooms
- 2
Unit 2
- Furnished?
- N
- Leased?
- N
- Unit Number
- 2
- Annual Rent
- 6900
- Finished SqFt
- 550
- Monthly Rent
- 575
- No. of Units Like This
- Yes
- Total Bedrooms
- Yes
Unit 3
- Furnished?
- N
- Leased?
- N
- Unit Number
- 3
- Annual Rent
- 6900
- Finished SqFt
- 385
- Monthly Rent
- 575
- No. of Units Like This
- Yes
- Total Bedrooms
- Yes
Unit 4
- Furnished?
- N
- Leased?
- N
- Unit Number
- 4
- Annual Rent
- 8100
- Finished SqFt
- 750
- Monthly Rent
- 675
- No. of Units Like This
- Yes
- Total Bedrooms
- 2
Unit Details
- Total Units
- 4
Office/Member Info
- Association
- FMR
Location, Tax and Other Information
- High School
- Fargo North
- Map Page
- 999
- Municipality
- Fargo
- School District
- Fargo
- Map Coordinate Source
- RETS
- Country
- US
- Property ID Number
- 01164001060000
- Square Footage Source
- Other
- Tax Year
- 2022
- Tax Amount
- 2547.67
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 4 plex within walking distance to NDSU! Well kept and professionally managed, this is the investment you're waiting for. The roof was replaced in 2012 along with the gutters. Looking to sell in tandem with 1036 College st., Income/Expenses: (Total Income: 29400.00, Management: 0.00, Utilities: 3200.00, Maintenance: 2500.00, Wages: 0.00)
Financing Terms
- Conventional
- Yes
Fuel
- Electric
- Yes
Showing Requirements
- Appointment Only
- Yes
Tenant Pays
- Electricity
- Yes
- Other
- Yes
Listing Office:
Raboin Realty
Last Updated: April - 30 - 2025
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