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778 Central Avenue, Grand Forks | $499,000

Investor alert or the perfect opportunity for multi-generational living! This recently renovated 4-bedroom, 2-bathroom home offers two self-contained 2-bedroom, 1-bathroom suites, each with its own private entrance, providing excellent flexibility for investors or extended families. Currently generating $3,200 per month in rental income, with tenants paying their own utilities, this property delivers strong cash flow and lower operating costs. Situated on a spacious 10,000+ sq. ft. corner lot, there's plenty of room for RV or boat parking with space left over to enjoy the outdoors or explore future possibilities. The central location is hard to beat-just minutes from elementary and secondary schools, shopping, downtown Grand Forks, and beautiful City Park, making it highly desirable for both tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this versatile property checks all the boxes. Don't miss your chance to own this excellent income-producing property!

Description

Investor alert or the perfect opportunity for multi-generational living! This recently renovated 4-bedroom, 2-bathroom home offers two self-contained 2-bedroom, 1-bathroom suites, each with its own private entrance, providing excellent flexibility for investors or extended families. Currently generating $3,200 per month in rental income, with tenants paying their own utilities, this property delivers strong cash flow and lower operating costs. Situated on a spacious 10,000+ sq. ft. corner lot, there's plenty of room for RV or boat parking with space left over to enjoy the outdoors or explore future possibilities. The central location is hard to beat-just minutes from elementary and secondary schools, shopping, downtown Grand Forks, and beautiful City Park, making it highly desirable for both tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this versatile property checks all the boxes. Don't miss your chance to own this excellent income-producing property!

General Info


MLS Listing ID: 10395131 Bedrooms: 4 Bathrooms: 1 Year Built: 1947
Parking: Carport Heating: Forced air Lotsize: 0.24 ac|under 1 acre Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Carpeted, Vinyl Fireplaces: Smoke Detector Only Basement: N/A

Amenities/Features


  • Corner Site

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .