This 6 bedroom, 4 bath, rambler, can be a single family home or a duplex. The basement is set up as a separate 3 bedroom, 2 bath apartment with it's own kitchen, laundry and private access. What a great opportunity as an investment property or it can be owner occupied. The main floor features beautiful hardwood floors and a fireplace. Conveniently located a few blocks north of MSUM. Currently has an active rental license with the City of Moorhead.
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!
Great Investment Opportunity with one unit currently rented and one unit available now for new tenant!! Convenient location with close proximity to colleges. Maintenance-free siding; roof replaced in April 2021; forced air heat; common area with washer & dryer. Lots of parking with 2-stall detached garage.
Moorhead is located in Minnesota. Moorhead, Minnesota has a population of 44,129. Moorhead is more family-centric than the surrounding county with 37.61% of the households containing married families with children. The county average for households married with children is 37.57%.
The median household income in Moorhead, Minnesota is $62,940. The median household income for the surrounding county is $67,984 compared to the national median of $69,021. The median age of people living in Moorhead is 31 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of -0.1 degrees. The average rainfall is approximately 23.7 inches per year, with 49.7 inches of snow per year.