1010 12Th Ave Fargo, ND 58102
- Mixed-use properties
- 3,302 SF
- 0.12 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1010 12Th Ave
- Year built
- 1905
- Lot size
- 0.12 lot acres
- Property size
- 3,302 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use investment property, located at 1010 12th Avenue N in Fargo, North Dakota, presents a compelling opportunity for discerning investors. The property encompasses 3,302 square feet and sits on a 0.12-acre lot, offering convenient access and ample space. The building comprises six individual units, each featuring one bedroom and one bathroom, providing a consistent and potentially lucrative rental income stream. The property is secured, ensuring tenant and investor peace of mind. Residents enjoy the convenience of a shared laundry facility located in the basement, eliminating the need for individual in-unit laundry hookups. Off-street parking is readily available in a designated parking lot situated just east of the building, addressing a key concern for potential tenants. This prime location places the property within close proximity to North Dakota State University (NDSU), attracting a strong pool of potential renters, particularly students and young professionals. Detailed financial information, including rental income and expense data, is available upon request, allowing prospective buyers to conduct a thorough due diligence process. This is an excellent opportunity to acquire a well-maintained, income-generating property in a thriving North Dakota market. The property's strong location, secure design, and attractive unit configuration make it an ideal addition to any investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fargo
- County
- Cass
- State
- North Dakota
- Longitude
- -96.79447
- Latitude
- 46.89016
