1401 27th Avenue S Fargo, ND - Image 11401 27th Avenue S Fargo, ND - Image 21401 27th Avenue S Fargo, ND - Image 31401 27th Avenue S Fargo, ND - Image 41401 27th Avenue S Fargo, ND - Image 51401 27th Avenue S Fargo, ND - Image 61401 27th Avenue S Fargo, ND - Image 71401 27th Avenue S Fargo, ND - Image 81401 27th Avenue S Fargo, ND - Image 9

$1,800,000

3 Beds 2 Baths 24,872 SQFT 1.07 Acres
Type: Commercial

1401 27th Avenue S
Fargo, ND 58103

MLS#: 7072170
Erin Young
Erin Young
The Real Estate Advantage
Agent
Phone: 952.237.8887
Office: 952.898.5800
Presented by: HomeSmart Adventure Realty (DL)

Property Description

 

Opportunity Knocks! These opportunities do not hit the open market very often. Well Maintained 24 unit Building in the Heart of Fargo with a convenient location to Healthcare, Shopping, Interstate access. Nice Size units with 16 Two Bedroom 1 Bath and 8 One Bedroom 1 Bath Units all with a 24 Garage units. New Shingles on the Building and Garages in 2025. Many other updates to the units and grounds

 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

Total Baths2

Other Interior Features

Basement (Y/N)No
Foundation Dimensions1
FuelElectric, Natural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityFargo
ContingencyNone
CoolingWall Unit(s)
CountyCass
Current UseCommercial
DirectionsTake University Drive S Then west on 27th ave to 1401 on the North side of 27th Ave S Fargo
Electric Expense3456
Garage Spaces24
Gross Income203256
HeatingBaseboard
High School DistrictFargo
Insurance Expense15000
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
Net Operating Income126370
New ConstructionNo
Number Of Units Total24
Operating Expense76886
PostalCityFargo
Property TypeCommercial Sale
RoofArchitectural Shingle
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameArrowhead Estates
Tax Annual Amount$20,259
Tax Year2025
Tenant PaysElectricity
Trash Expense1008
UtilitiesElectric Separate
Water Sewer Expense6336
Year Built1977
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total24,872 sqft
Foundation Area12,436 sqft
InclusionsBuilding, Land
Lot Dimensions170 x 268
Lot Size Area1 sqft
Parking FeaturesDetached Garage
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$1,800,000

3 Beds 2 Baths 24,872 SQFT 1.07 Acres
Type: Commercial

1401 27th Avenue S
Fargo, ND 58103

MLS#: 7072170
Erin Young
Erin Young
The Real Estate Advantage
Agent
Phone: 952.237.8887
Office: 952.898.5800

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