• Main Photo

1221 S 15th Street
Grand Forks, ND 58201

$300,000

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Listing Details

  • $300,000
  • MLS# 7064793
  • Type Multi Unit - Multiple
  • Status Pending
  • 3,264
    Square Feet
  • 0.160 acres
    Lot Size
  • 1968
    Year Built
  • Grand Forks
    Local Schools

Listed By

Agency Name: REAL (3961 WF)
Agency Phone: 605-949-2763

Shown By

Agent Name: DeDe Heller
Agent Phone: (701) 293-3333
Agency Title: Town & Country Realty

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Home Value Estimate


Description

Turnkey 4-plex investment opportunity in the heart of Grand Forks with strong rental history and significant upside potential. This well-maintained property features four 2-bedroom, 1-bath units, offering a solid foundation for both seasoned and entry-level investors.The property is fully leased with a diverse tenant base, including long-term occupancy?one tenant in place since 2001?providing immediate and reliable income stability. Current gross monthly rents total $2,905, with additional income from on-site laundry bringing total annual income higher.Investors will appreciate the clear value-add opportunity: comparable 2-bedroom units in...read more

Features

  • Heating: Boiler
  • Taxes: $4,117
  • Water: City Water/Connected
  • Year Built: 1968

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