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:13641)
| MLS® Number | 10387716 |
| Property Type | Other |
| Neigbourhood | Grand Forks |
| Amenities Near By | Airport, Park, Recreation, Shopping |
| Features | Level Lot, Corner Site |
| Parking Space Total | 7 |
| Exterior Finish | Concrete Block, Stucco, Other |
| Fire Protection | Smoke Detector Only |
| Heating Fuel | Electric |
| Heating Type | Forced Air, Radiant Heat |
| Roof Material | Unknown,metal |
| Roof Style | Unknown,unknown |
| Type | Other |
| Utility Water | Municipal Water |
| Access Type | Easy Access |
| Acreage | No |
| Land Amenities | Airport, Park, Recreation, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.19 |
| Size Total | 0.19 Ac|under 1 Acre |
| Size Total Text | 0.19 Ac|under 1 Acre |
| Cable | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29760332/7337-2nd-street-grand-forks-grand-forks
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Kenneth Dodds
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