$ 259,500
202 16th ST S Moorhead, MN 56563
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$ 259,500
Est. payment | /mo
3,282 SqFt
$ 259,500
Est. payment | /mo
3,282 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,282 sqft
Price per Sqft $79
Subdivision Schreibers Add
MLS Listing ID 6555900
Year Built 1951
Annual Tax Amount $3,470
Tax Year 2024
Contingent Inspection
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Welcome to this exceptional investment opportunity located close to Minnesota State University Moorhead (MSUM). This well-maintained 4-plex features two 2-bedroom units and two 1-bedroom units, generating a total monthly rental income of $2,500 with low monthly owner expenses. Tenants pay for their own heating and electricity, ensuring cost-efficient management for the owner. Situated on a desirable corner lot, this property boasts four new water heaters and renovated common areas. With its prime location near MSUM, ample parking, and easy access to local amenities, this 4-plex offers excellent value. Don't miss out on this fantastic investment opportunity!
Location
State MN
County Clay
Rooms
Basement Concrete
Interior
Heating Forced Air
Fireplace No
Building
Story Split Entry (Bi-Level)
Foundation 1641
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Split Entry (Bi-Level)
Structure Type Wood Siding
New Construction false
Schools
School District Moorhead
Listed by Adam Lockwood • eXp Realty (3523 FGO)
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Jason Dowdey
REALTOR® | Lic# 40507956