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2707 9th Street N, Fargo, ND 58102

$299,000

Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 2,544 Lot Size (sq. ft.): 7,980 Status: Closed

Current Price: $299,000 List Date: 7/30/2024 Last Modified: 10/01/2025

Overview

Description

This well-maintained 4-Plex offers an income producing opportunity that is fully occupied with new 1 yr rental agreements and also offers a coin operated washer and dryer for additional income! Separate boilers, electric and water heaters as tenants pay their own Heat and Electric. 2-2bdrm units and 2-1 bdrm units that are fully rented. 4 single stall garages and a shared laundry and utility room. Yearly Income potential is $29,580 minus expenses. Nice corner lot.

Listing Details MLS# 6577027

General Property Information

Lot Measurement: Square Feet
Lowest Rental Unit: Below Grade
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1272
Above Ground SqFt: 1272
Below Grd Total SqFt: 1272
Total SqFt: 2544
Foundation Size: 1272
Lot Size SqFt: 7980
Style: (MF) Four Plex
Total Finished Sqft: 2544.00
Garage Stalls: 4
Lot Dimensions: 144x70

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility; Security Building Construction Status: Previously Owned Disclosures: Seller's Disclosure Available Electric: Circuit Breakers Exterior: Vinyl Financing Terms: Cash Flooring: Carpet; Laminate Foundation: Poured Concrete Fuel: Electric Heating: Boiler; Hot Water Internet Options: Cable; Fiber Optic; Satellite Laundry: Common Area; Laundry Room; Lower Level Lock Box Type: Supra Lot Description: Corner Lot Owner Pays: Exterior Maintenance; Grounds Care; Hot Water; Insurance; Lawn; Repairs; Roof Maintenance; Snow Removal; Taxes; Trash Collection; Water Possession: At Closing Roof: Architectural Shingle Sewer: City Sewer/Connected Showing Requirements: 24 Hour Notice; Pet(s) on Premises; Showing Service Stories: Two Tenant Pays: All Utilities; Cable TV Unit 1 Cooling: Window Unit 2 Cooling: Window Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Cooling: Window Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Off Market Date: 2024-08-16
Contingency: None
Closed Date: 2024-08-16
Original List Price: 299000
ListPrice: 299000
Sales Close Price: 299000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2707
Street Name: 9th
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Peter Sway 5th

Assessments

Assessment Balance: 5860.77
Assessment Installment: 806.34
Drain Assessment: 72.61
Tax With Assessments: 4702.13
Assessments Paid Seller: 0

Building Information

Finished SqFt Above Ground: 1272
Finished SqFt Below Ground: 1272

More Information

Income and Expenses

Annual Electric Expense: 1536
Annual Gross Income: 29580
Annual Trash Expense: 384
Annual Water/Sewer Expense: 540
Annual Caretaker Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Misc Monthly Income: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 12x24

Unit 1

Furnished?: No
Lease Expiration Date: 2025-03-31
Leased?: Yes
Unit Number: Yes
Annual Rent: 8400
Full Baths: Yes
Monthly Rent: 700
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2025-07-30
Leased?: Yes
Unit Number: 2
Annual Rent: 7980
Full Baths: Yes
Monthly Expense: 665
Monthly Rent: 665
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 3

Furnished?: No
Lease Expiration Date: 2025-07-30
Leased?: Yes
Unit Number: 3
Annual Rent: 6600
Full Baths: Yes
Monthly Rent: 550
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit 4

Furnished?: No
Lease Expiration Date: 2025-07-30
Leased?: Yes
Unit Number: 4
Annual Rent: 6600
Full Baths: Yes
Monthly Rent: 550
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit Details

Total Units: 4

Office/Member Info

Association: FMR

Location, Tax and Other Information

Legal Description: PETER SWAY 5TH LOT 1 BLK 7
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 5102
Property ID Number: 01310000920000
Square Footage Source: County Records
Tax Year: 2023
Tax Amount: 3823.18
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This well-maintained 4-Plex offers an income producing opportunity that is fully occupied with new 1 yr rental agreements and also offers a coin operated washer and dryer for additional income! Separate boilers, electric and water heaters as tenants pay their own Heat and Electric. 2-2bdrm units and 2-1 bdrm units that are fully rented. 4 single stall garages and a shared laundry and utility room. Yearly Income potential is $29,580 minus expenses. Nice corner lot.
Directions: North to 27th Ave & 9th ST.

Accessible

None: Yes

Amenities Shared

Coin-op Laundry Owned: Yes
Common Laundry Facility: Yes
Security Building: Yes

Construction Status

Previously Owned: Yes

Disclosures

Seller's Disclosure Available: Yes

Electric

Circuit Breakers: Yes

Exterior

Vinyl: Yes

Financing Terms

Cash: Yes

Flooring

Carpet: Yes
Laminate: Yes

Foundation

Poured Concrete: Yes

Fuel

Electric: Yes

Heating

Boiler: Yes
Hot Water: Yes

Internet Options

Cable: Yes
Fiber Optic: Yes
Satellite: Yes

Laundry

Common Area: Yes
Laundry Room: Yes
Lower Level: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Exterior Maintenance: Yes
Grounds Care: Yes
Hot Water: Yes
Insurance: Yes
Lawn: Yes
Repairs: Yes
Roof Maintenance: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Possession

At Closing: Yes

Roof

Architectural Shingle: Yes

Sewer

City Sewer/Connected: Yes

Showing Requirements

24 Hour Notice: Yes
Pet(s) on Premises: Yes
Showing Service: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

All Utilities: Yes
Cable TV: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Cooling

Window: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Cooling

Window: Yes

Listing Office: Dakota Plains Realty

Last Updated: October - 01 - 2025

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