For Sale: Moorhead MLS# 7003811
Active
NEW!
$265,000
Multi-family: Split Entry (Bi-Level)
4 br • 2 ba • Built 1978
1,840 sqft • 0.169 acres
Mahtomedi schools
MLS# 7003811
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Property Description
This fully leased duplex is the investment opportunity you've been looking for with an assumable mortgage at a 4.625% rate. Conveniently located near schools, restaurants, and breweries! Each unit (one up, one down) features 2 bedrooms, a full bathroom, in-unit laundry, in addition to the spacious kitchen, dining, and living spaces! Outside you'll find a 2 stall garage and deck. Bottom unit has a walk out patio. Whether you're looking for a property to add to your investment portfolio, renting out both sides, or choose to live in one side and rent out the other, this is the place! Check it out today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$265,000
Price per sq ft:
$144
Property Type:
Multi-family
City:
Moorhead
Garage Spaces:
2
County:
Clay
Year Built:
1978
State:
MN
Property Style:
Split Entry (Bi-Level)
Zip Code:
56560
Subdivision Name:
Elders 1st Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,840 ft2
Living Area:
1,840 ft2
Basement Details:
Concrete
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Foundation Size:
920 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
Detached Garage
Shared Amenities:
None
Roof Details:
Asphalt
Rooms
Laundry:
In Unit
Lot & Land
Acres:
0.169
Geolocation:
46.87954, -96.753134
Lot Dimensions:
75 x 98
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
832
District Phone:
2182843300
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,495
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,500
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,948
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,090
Income
Annual Gross Income:
$28,800
Rent
Annual Net Income:
$6,408
Units
Total Units:
2
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 REAL (2534 FGO).
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.