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
Listed By
Agency Name: Raboin Realty
Shown By
Agent Name: Danielle Beilke
Agent Phone: (218) 234-1078
Agency Title: Beyond Realty
Estimated Payment
$ 1,330.70 per month $767.82 Principal & Interest $462.25 Property Tax $100.63 Homeowner's Insurance
727 3rd Street N | MLS# 7027590
This multi-family property located at 727 3rd Street N, Fargo, ND 58102 is currently listed for sale with an asking price of $345,000. 3rd Street N is located within the Fargo school district. Search Fargo real estate on www.daniellefmlakes.com today.