202 16th ST S Active Save Request In-Person Tour Request Virtual Tour
Moorhead,MN 56563
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
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
Lot Size 10,454 Sqft
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
Interior
Heating Forced Air
Building
Story Split Entry (Bi-Level)
Foundation 1641
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
New Construction false
Schools
School District Moorhead