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7337 2nd Street, Grand Forks

$849,900

Prime Downtown Income Producer - Substantially Renovated Mixed-Use Building. Exceptional investment opportunity in the heart of downtown!. This turnkey mixed-use property features 7 residential units and 3 commercial units with 2 of the commercial units being storefronts, offering an ideal balance of stable cash flow and diversified risk. The building ensures low-maintenance and minimal near-term capital expenditures. Boasting a reasonable capitalization rate, the property includes 7 highly coveted on-site open parking spaces-- a rare and premium asset for a downtown location. Fully occupied with excellent rental history. Don't miss this low-risk, high-yield addition to your real estate portfolio. Call your realtor today to book a viewing. (id:6770)

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  • Price $849,900
  • Land Size 0.2 Acres
  • Exterior Concrete Block, Stucco, Other
  • Water Municipal water
  • Sewer Municipal sewage system
  • Landscape Features Level