Property Description

Located at 601 5th St N, this high-occupancy 4-unit property sits just steps from the heart of downtown Fargo, offering exceptional access to restaurants, shopping, parks, and Sanford Downtown Medical Center. The building has a strong rental history with well-maintained units, making it a dependable income-producing asset with immediate upside potential.Recent updates include a new water heater and basement wall bracing (2017), new roof and renovated bathroom (2020), new windows (2022), and upgrading electrical service to 100 amp (2025). The main level bathroom was completely renovated, and the original cast iron stack and galvanized piping to upper unit fixtures were replaced with PVC. Two parking spaces are located on the east side of the building, with additional on-street parking available in front. There is potential to vacate both the alley and the remaining segment of 5th St N to create dedicated off-street parking. Opportunity for owner-occupancy with one upcoming available unit. The property maintains consistently strong occupancy, and vacancies are infrequent and fill quickly.Owner/Agent.

Property Features

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