Michelle Borud
BEDS0
BATHS
SQUARE FEET3,187
MLS#7027590
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLindsays
SCHOOLFargo
Property Description
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
Property Features
Property Type: Multi Unit - Multiple
Basement: Block
Heating: Baseboard
Lot Size: 0.14 Acres
Taxes: $5,547
Year Built: 1902
Feature Descriptions
Foundation Size: 1241
Lot Dimensions: 42 x 140
Owners Expense: Common Area Maintenance, Grounds Care, Snow Removal, Trash Collection
Parcel#: 01176000071000
Parking: Parking Lot
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 4
Water: City Water/Connected
Local Schools
High School: Fargo North
School District: Fargo
Listed By / Shown By
Listed By
Agency Name: Raboin Realty
Shown By
Agent Name: Michelle Borud
Agent Phone: (701) 491-0296
Agency Title: Beyond Realty
Estimate Your Payment
Estimated Payment
$ 1,330.70 per month $767.82 Principal & Interest $462.25 Property Tax $100.63 Homeowner's InsuranceChange Payment Information
License Info Array Fargo Office - 4832 Amber Valley Pkwy South, Fargo, ND 58104 --- Phone: 701-540-5161 Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 1:04:14 AM EST) or RMLS-MN MLS (last updated Tue 03/03/2026 12:02:22 AM EST) or Grand Forks ND MLS (last updated Mon 03/02/2026 10:45:41 PM EST). Real estate listings held by brokerage firms other than Beyond Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Fargo Office - 4832 Amber Valley Pkwy South, Fargo, ND 58104 --- Phone: 701-540-5161
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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.michelleborud.com today.