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$315,000
Est. payment /mo
3,380 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 3,380 sqft
Price per Sqft $93
Subdivision Borstads 1St Add
MLS Listing ID 6778220
Year Built 1956
Annual Tax Amount $4,180
Tax Year 2025
Contingent None
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 90 X 150
Property Sub-Type Duplex Side by Side
Property Description
Prime Investment Opportunity – Duplex Across from MSUM! This multi-family duplex is ideally located directly across the street from MSUM's campus, making it an unbeatable investment opportunity for student housing or rental income. The property consists of two separate units, with Unit 1 featuring 4 bedrooms and 2 bathrooms, while Unit 2 offers 3 bedrooms, 2 bathrooms, and a basement den that could be a perfect home office or study space. Recent updates, including a new roof, furnace, and washers in both units. The exterior is steel siding, providing a low-maintenance solution for the long term. The foundation is poured concrete, offering solid structural integrity. For parking, there is a large 3-stall garage and a large driveway, ensuring ample off-street parking for tenants. While the property could benefit from a little TLC, the bones are strong, and the potential is tremendous. With such a prime location and key updates already completed, this property is a fantastic opportunity for investors looking to capitalize on a highly desirable area.
Location
State MN
County Clay
Rooms
Family Room Other
Basement Concrete
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached, Concrete
Garage Spaces 3.0
Roof Type Age 8 Years or Less
Building
Story One
Foundation 1880
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Metal Siding
New Construction false
Schools
School District Moorhead
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Listed by Caitlyn Christianson • REALTY XPERTS