301 6th St S
- 16,965 SF building
- 18 units + 10 garages
- Excellent rental history
- Great Downtown Moorhead location
Property Description
Introducing a prime investment opportunity in the heart of Moorhead, MN. This impressive property boasts a 16,965 SF building featuring 18 well-maintained units, offering a lucrative investment potential for the discerning low-rise/garden investor. Built in 1968 and zoned RMD, the property is thoughtfully designed and boasts an impressive 94% occupancy rate, ensuring a steady and reliable income stream. With its desirable location and strong rental demand, this property encapsulates the essence of a sound multifamily investment, presenting an opportunity for immediate and long-term returns in the thriving Moorhead area.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,025,000 |
| No. of Units: | 18 |
| Year Built: | 1968 |
| Lot Size: | 0.64 Acres |
| Opportunity Zone: | No |
| Price per unit: | $56,944 |
| Property Website | Click Here |
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