Investment Overview
This well-maintained 18-unit multifamily property includes 12 two-bedroom apartments and six one-bedroom apartments. The property features common-area laundry and has benefited from approximately $300,000 in improvements completed over the past three years. The manageable unit count makes this an excellent opportunity for an investor to self-manage the property, increase rents over time, and potentially convert select units to midterm rentals for additional income.
Investment Highlights
- 16,704 SF building
- 18 units
- Built in 1975
- Renovated in 2024
- Zoned MR-3
- Located in the Fargo area