Search Results

506 Roberts St N

Address: 506 Roberts St N, Fargo, ND 58102, USA

Chicago & Midwest + Apartment Buildings

Created date: September 11, 2024

Date last updated: November 14, 2024

Property Description

Introducing a prime investment opportunity in the heart of Fargo-Moorhead! This meticulously renovated 6,069 SF mid-rise multifamily property features 12 units, with immediate value and 100% occupancy. Originally built in 1913 and thoughtfully modernized in 2024, it combines historic charm with contemporary comfort. Strategically located in vibrant downtown Fargo, it is ideally situated near North Dakota State University (NDSU) and major employers such as Sanford Health, RDO, and Bell Bank. Zoned for downtown mixed-use (DMU), the property offers versatile potential for both residential and commercial uses. Notably, there is an exceptional opportunity to convert a portion of the units to midterm rentals to capitalize on the proximity to Sanford Health's downtown campus. With its prime location, strong rental demand, and the potential for added revenue through midterm rentals, this asset is poised to deliver long-term returns for the discerning multifamily investor. Seize the chance to invest in this exceptional property and become a part of the dynamic Fargo-Moorhead real estate market today.

Unavailable

Request Information

Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$865,000
No. of Units:	12
Year Built:	1913
Lot Size:	0.29 Sq ft
Opportunity Zone:	No
Price per unit:	$72,083
Property Website	Click Here