727 3rd ST N, Fargo, ND 58102
727 3rd ST N, Fargo, ND 58102
727 3rd ST N, Fargo, ND 58102
727 3rd ST N, Fargo, ND 58102
727 3rd ST N, Fargo, ND 58102
727 3rd ST N, Fargo, ND 58102
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Brandon Wiley

Brandon Wiley

+1(763) 226-6586
$ 345,000
Est. payment | /mo

8 Beds

5 Baths

3,187 SqFt

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$ 345,000
Est. payment | /mo
Save Virtual Tour

8 Beds

5 Baths

3,187 SqFt

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,187 sqft

Price per Sqft $108

Subdivision Lindsays

MLS Listing ID 7027590

Bedrooms 8

Year Built 1902

Annual Tax Amount $5,547

Tax Year 2024

Contingent Inspection

Lot Dimensions 42 x 140

Property Sub-Type Other

Property Description

This 5-unit property represents a perfectly balanced "hybrid" investment, engineered for both stability and high yield performance. By diversifying the tenant base, the property captures the best of both worlds: three long-term units provide a reliable, steady foundation of monthly income that covers operating expenses and debt service, while two units are dedicated to the short-term rental market. These STR units capitalize on peak seasonal rates and travel demand, significantly boosting the property's gross income and driving an oversized cash-on-cash return that far outpaces traditional multi-family assets.
For the savvy investor, this complex is a turnkey & cash flowing that pairs the security of a classic apartment building with the upside of the hospitality industry. Basement has finished storage units ready to use for extra income plus a basement studio apartment currently used for storage. **24 hour notice required for all showings.
Owner/agent

Location

State ND

County Cass

Zoning Residential-Multi-Family

Rooms

Basement Block

Interior

Heating Baseboard

Fireplace No

Laundry Common Area

Exterior

Parking Features Parking Lot

Building

Story Two

Foundation 1241

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

High Schools Fargo North

School District Fargo

Others

Virtual Tour https://tours.newagerentals.com/727-3-2/

Listed by Tara Fontaine • Raboin Realty

Schools and Properties Nearby

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Brandon Wiley
Brandon Wiley

+1(763) 226-6586 | brandonwileymn@gmail.com

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727 3rd ST N